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31 October 2014 | Free Forex Analysis | EURUSD : PAYBACK AS GBP/JPY SKYROCKETS

G’day Surfers – nice end to week!

Yesterday’s Report

It would have been very disappointing to have missed the explosion that took place on GBP/JPY overnight – but we didn’t. We have had our eye on the cross most of the week and if not for the FOMC surprise reaction that took our stops on Wednesday, the result may have been better – but that’s trading. After FOMC there was no way to trade EUR/USD yesterday so the S&R GBP/JPY bonanza was a pretty nice way to end a solid week of profit and a great advertisement for both our strategies.

Technical Analysis

Having the day off – it’s Friday.

The Day Ahead

Quite a bit of work to catch up on ahead of some pretty major announcements coming our way – WATCH THIS SPACE.

Have a fantastic weekend and ponder this:

“Success is not final, failure is not fatal: it is the courage to continue that counts.”
Winston S. Churchill

Geoff Pyne  

CERTIFIED TRADER

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