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11 October 2013 | Free Daily Analysis | EURUSD : CHOPPY END TO WEEK

G’day Surfers, quiet positive week.

Yesterday’s Report

No points for guessing our trading week would end quietly – the market is not ours! The Daily range was fairly “normal” at 100 pips but Price Action was very choppy and see-sawed one way, then the other. The circumstances that the US Govt is presenting to the world are not only ridiculous, they are stifling financial markets. We prefer to protect our capital under these conditions so we end the week at 1 Entry/1 Win.

Technical Analysis

Hopefully returning to prominence next week.

The Day Ahead

Rugby League ends – Football begins – ahhhh, is there no rest from the telly? Change of seasons reminds me that – “Nothing happens until the pain of remaining the same outweighs the pain of change.

Have a great weekend – see you next week.

Geoff Pyne  
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