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08 FEB 2013 | Free Daily Analysis | EURUSD : BOO HOO NEWS08 FEB 2013 | Free Daily Analysis | EURUSD : BOO HOO NEWS

08 FEB 2013 | Free Daily Analysis | EURUSD : BOO HOO NEWS08 FEB 2013 | Free Daily Analysis | EURUSD : BOO HOO NEWS -->

G’day Surfers – I “rue’s” the News!

Yesterday’s Report

When I look at Yesterday’s analysis http://clip2net.com/s/2O4YA I wonder how it is that my bank a/c isn’t substantially greater this morning? There’s a beautiful irony in the answer –  Economic News & time forced us to cancel the Short order that would have produced a big winner. Yet, it could be argued that the News was the reason for the crash! Conclusion: accept what the market is prepared to give and stick to your strategy – there’ll be more moves WITHOUT news, tomorrow and the next day and the…………………………………………
Price Action proved a little elusive this week – we placed five orders and only one triggered, producing a first take profit but not a second – resulting in a break even week.
Technical Analysis

Now that Price Action has delivered exactly what I requested (pullback to re-test the broken Resistance Trendline) I’m asking one more thing of it before week’s end: “consolidation” so I can look to buy some EUROs next week.
The Day Ahead

Nothing planned except for some fencing, painting, hedge trimming, lawn mowing, deck oiling, renovating……………….OMG, can’t wait for the Charts to open on Monday so I can get back to WORK!!!!
Psssssttt – It’s good for working up a thirst :)

Thomas A. Edison
Geoff Pyne  

CERTIFIED TRADER

G’day Surfers – I “rue’s” the News!

Yesterday’s Report

When I look at Yesterday’s analysis http://clip2net.com/s/2O4YA I wonder how it is that my bank a/c isn’t substantially greater this morning? There’s a beautiful irony in the answer –  Economic News & time forced us to cancel the Short order that would have produced a big winner. Yet, it could be argued that the News was the reason for the crash! Conclusion: accept what the market is prepared to give and stick to your strategy – there’ll be more moves WITHOUT news, tomorrow and the next day and the…………………………………………
Price Action proved a little elusive this week – we placed five orders and only one triggered, producing a first take profit but not a second – resulting in a break even week.
Technical Analysis

Now that Price Action has delivered exactly what I requested (pullback to re-test the broken Resistance Trendline) I’m asking one more thing of it before week’s end: “consolidation” so I can look to buy some EUROs next week.
The Day Ahead

Nothing planned except for some fencing, painting, hedge trimming, lawn mowing, deck oiling, renovating……………….OMG, can’t wait for the Charts to open on Monday so I can get back to WORK!!!!
Psssssttt – It’s good for working up a thirst :)

Thomas A. Edison

Geoff Pyne  

CERTIFIED TRADER

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