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10 October 2014 | Free Forex Analysis | EURUSD : LICORICE MILKSHAKE

G’day Surfers – market mismatch!

Yesterday’s Report

The forex market is a glorious beast that, like all living organisms, goes through periods of vitality and sessions of non-activity. Most days, we see a mixture of both. Yesterday was just like that as we patiently waited for our Licorice Milkshake (something that sounds ridiculous but you know will taste great). An untested DP was the counter momentum   ‘taste’ we sought but the waiter delivered without warning. If you have sat in a restaurant , relaxed with a wine and good conversation and your main course arrives before you’ve finished aperitifs – you know what I mean! PA afforded us no signal for the expected DP Test which came late in the day and without our order. A flat end to a pretty flat week that will have to be recorded as a small loss.

Technical Analysis

Looking to next week now.

The Day Ahead

I’m on dog watch today – minding two of my favourite furry friends – Harley (a beautiful Labrador) and Dash (an incredible Australian Kelpie). I know they won’t deliver a Licorice Milkshake but I can guarantee that NOTHING will happen without me knowing – BARK – BARK!

Have the best weekend everyone….https://www.youtube.com/watch?v=B4bb_-T2cDg

Geoff Pyne  

CERTIFIED TRADER

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