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29 August 2014 | Free Forex Analysis | EURUSD : DP TEST UNTRADEABLE

G’day Surfers – nice week of profit nearly had icing.

Yesterday’s Repot

Our profitable farewell to Summer could well have continued yesterday as the DP was tested with a nice move. We were sweating on the entry that simply didn’t set up for us, so no trade. In fact, the move setup a Long opportunity and we placed a Long order. PA seemed more at home snuggled up to DP. A second intraday setup presented, this time Short. Those that trade through the News (I don’t) were triggered and had a nervous wait before TP1 took them into the land of safety but that’s as good as it got because PA refused to stray from home (DP). No need for concern however with a nice 100% winning week.

Technical Analysis

Still on the ‘small movement side this week but nicely Technical – may it continue.

The Day Ahead

Moving back home after a week away so looking forward to that ‘Dorothy discovery’ that there truly is: https://www.youtube.com/watch?v=zJ6VT7ciR1o

Have a ‘discovery’ filled weekend.

Geoff Pyne  


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