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ell3 replied Oct 15, 2015Uhoh... bears watch out! Back above 100hma. Business confidence took a big hit and that trumps unemployment claims and inflation. Overall picture, nothing has changed about the fed hike being on hold. High chance of upside correction when the london ...
AUD/USD
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ell3 replied Oct 15, 2015Hahaha, please tell me that with your longs open, you don't twitch when the market falls 40pips backwards in one move. Imo the pa didn't look like it was coming. Argh. Looks like I'm gonna keep this overnight. Wanted to close up and enjoy the night ...
AUD/USD
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ell3 replied Oct 15, 2015Seriously? This is getting annoying to watch. What nonsense came over the wires this time to spur another sudden drop. Last I checked we were at 7364 and now..7328 in 30secs?! Getting a little spooked.
AUD/USD
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ell3 replied Oct 15, 2015That annoying 100dma line! Always good to know the fundamentals and have a sound theory. When you add that to the technical aspect of trading, it helps a lot with confidence in the trade.
AUD/USD
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ell3 replied Oct 15, 2015i read the article earlier. so cute that an opinion piece can trigger such a move in the market. feels like an overreaction...which means...buying interest with europe opening?
AUD/USD
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ell3 replied Oct 15, 2015Thanks! Yeah, was guessing it's got something to do with Chinese stocks.
AUD/USD
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ell3 replied Oct 15, 2015i didn't get out in time before that bloody 50pip drop. caught off guard and it happened so quick. what happened man? would have been awesome to cash out and reload the longs. oh well, not gonna close out the positions just yet. ive got 7310 7320 ...
AUD/USD
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ell3 replied Oct 14, 2015btw, off track question ive been wanting to check with you guys: does anyone recall what happened around 21-23 aug? on one of those days the AUD and NZD dived and recovered something like 250pips each. was away from the trading desk on a month long ...
AUD/USD
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ell3 replied Oct 14, 2015
don't make that out into an issue dude. i think the guy was just making a quick jibe dreaming for it to reach 7288. maybe he went short from there or something. no clear indication of 7500 either, except that it's a talked about expected ...AUD/USD
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ell3 replied Oct 14, 2015the bulls seem marginally in control. almost entered a long @ 7310 but felt uneasy and didnt pull the trigger. argh, would have been a nice 20pip one minimum. still believe we are bullish short term, at least until 7357 where the 100dma sits. ...
AUD/USD
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ell3 replied Oct 14, 2015hmm....that last 5 minute push 20pips up to 7346. dodgy. key to note that market's still above the 100hour ma. i think this is a wonderful buy level. the bulls certainly haven't had a break. the NZD has hit 68 cents!
AUD/USD
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ell3 replied Oct 14, 2015Hahaha it's ok, you win some you lose some. Had a good time riding the tight ranges today overall. Wooot! Escaped with a 6pip loss. Market came back! Gosh, i'm staying out until after aus employment data tomorrow.
AUD/USD
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ell3 replied Oct 14, 2015Yeah gotta agree with the bullish outlook. However, one thing concerns me.. those upper wicks on the candles. Thinking of exiting at my short with a small 14pp loss. Update: rats, I totally forgot about us retaail data. Now my short has burnt a hole ...
AUD/USD
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ell3 replied Oct 14, 2015Just entered short @7240, target 7222. I suspect we're sideways between 7210-7260 for the most part of today ahead of employment data tomorow. The climb to 7278 earlier was a bit surprising. All the best to everyone!
AUD/USD
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ell3 replied Oct 13, 2015i think we could see the AUD climb a little today, possibly back to the mid-72s. that's given axj stocks perform a little better together with commodities. cos i also agree 72c is tough support, with the 200hma coming in at 7198 and trendline base. ...
AUD/USD
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ell3 replied Oct 13, 2015wtf is this, so pissing. just went short again @ 7290 with a very small target of 7285.... and i see a bloody bullish climb from 7285.5 to 7303 within 3 mins
i hate entering such positions. grrr.AUD/USD
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ell3 replied Oct 13, 2015found an exit for my long at 7320. maybe taking a step back to observe. too much ding-dong movement, dont wanna end up in a pain trade. difficult to scalp today also. why does the market seem soooo quiet?? my trade on the eurusd also took quite ...
AUD/USD
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ell3 replied Oct 12, 2015I'm going in long @ 7305. Good case for the uptrend to remain intact. If there's further downside, will be adding more longs.

AUD/USD
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ell3 replied Oct 12, 2015hmmm.....tricky now. long or short? sidelined. china trade data was supposed to be released at 0200GMT no? the figures appear to have been released on schedule..aside from the important trade balance.
AUD/USD
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ell3 replied Oct 12, 2015
short intact for that. closing off if 7382 gets broken. tomorrow will be interesting.AUD/USD