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17 January 2014 | Free Daily Analysis | EURUSD : SMALL PROFIT AS RANGE CONTINUES

G’day Surfers – have I said it before this week? – The range continues!!

Yesterday’s Report

EUR/USD accelerated once only again yesterday and we spotted the entry. RED News forced me to close the Long order but a non reaction allowed me to re-enter the order and it triggered to TP1. By the letter of our rules, I should have exited at the +17 mark ( 1st Resistance: http://clip2net.com/s/6C2uiG ) . So I can’t claim it if I didn’t trade it by the rules – hope you did. Our S&R EUR/JPY trade made a small profit however completing our second trading week for 2014, again profitable and without loss.

Technical Analysis

Is there a Range breaker in sight?

The Day Ahead

Very Hot here in Australia as our bushland burns again. I’ll be looking for a cool spot to have a Coldie but saving one for the poor old VOLUNTEER firefighters

Have a wonderful weekend.

Geoff Pyne  
CERTIFIED TRADER
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