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17 October 2014 | Free Forex Analysis | EURUSD : YOYO MARKET

G’day Surfers – no way in.

Yesterday’s Report

EUR/USD setup Long for us twice yesterday and we were very close to getting the prize. Order #1 triggered and looked likely to hit target but fell a few pips short before retracing to deliver a break even trade. Order #2 was like spraying PA repellent as the cross headed in the opposite direction stopping only when it reached DCZ 1.2775. After spending a few hours siesta, a refreshed PA rallied to finish the day spot on where we began ours.

Technical Analysis

The ATR on EUR/USD has improved dramatically over Summer and now into Autumn – it’s great to see and I look forward to catching some decent waves in the coming weeks.

The Day Ahead

We are dog and house sitting this weekend so walkies and fetch is the order of the day. Have a wonderful weekend everyone – catch you next week.

We long for an affection altogether ignorant of our faults. Heaven has accorded this to us in the uncritical canine attachment. ~George Eliot


Geoff Pyne  

CERTIFIED TRADER

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