G’day Surfers – Time really matters.
Yesterday’s Report
EUR/USD did everything we anticipated it would yesterday EXCEPT testing the previous High. We saw two opportunities to trade that Test – both at the same time. One was on M30, the other H1. M30 was an earlier entry and produced TP1 and a Break Even trade. I opted to take the later H1 entry and sadly, paid the price. EUR/USD pulled back to the previous day’s low after the (too short) rally and we found no way to recoup. Fortunately, we kept our loss smaller than our winnings this week so once again stayed positive. Not enough to buy the Christmas presents but there’s always next week.
Technical Analysis
It’s Friday so I’ll leave the work till next week also.
The Day Ahead
My new House Sit has 3 cats, 3 chickens, 7 quails, 1 snake and a goldfish to care for – that should keep me busy enough!
“It has been said that man is a rational animal. All my life I have been searching for evidence which could support this.” Bertrand Russell |
“Mankind differs from the animals only by a little and most people throw that away.” Confucius |
Have a great weekend everyone
Geoff Pyne
CERTIFIED TRADER
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