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
Have a great weekend everyone and remember – Opportunity is missed by most people because it is dressed in overalls and looks like work.
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
Have a great weekend everyone and remember – Opportunity is missed by most people because it is dressed in overalls and looks like work.
Geoff Pyne
CERTIFIED TRADER
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