Happy New Week Surfers Yesterday’s Report The Bearish continuation Flag we were trying to take advantage of last week, finally broke on Friday, crashing EUR/USD below 1.2400 for the second time this month but only the third, since 2010. The 193 pip move was a big statement and puts the cross back under enormous […]
G’day Surfers – boring old week. Yesterday’s Report We were refused entry to work yesterday due to news. Back to back releases from the starter’s gun precluded us from contemplating an order and the result of those releases (whipsaw action) meant that PA went into recovery mode. That took us into the afternoon where […]
G’day Surfers – small loser on yo-yo day. Yesterday’s Report I said it earlier in the week and it came back to haunt me yesterday, that timing really is everything. As usual, we spotted the acceleration point with a favourite Secret Surfing The Pips Candle Pattern but the signal was a little early and […]
G’day Surfers, Range pierced again. Yesterday’s Report EUR/USD forgot to reverse after the predictable tests of both DP and DCZ 1.2510. We were looking for opportunities to trade with the tests or back into the ‘DCZ Range’ afterwards. That no setup arrived prior to the rally to those levels was a little disappointing but […]
G’day Surfers – timing is everything. Yesterday’s Report We expected the DP would be tested and it was Plan A for the day but PA has a mind of its own and it gave no indication as to when it would occur. Consequently, no chance to trade the play. PA did let us know it […]
Happy New Week Surfers Yesterday’s Report The bungee week finally broke on Friday – the wrong way!. We had a Short S&R trade still in the market which achieved Free Trade status. The tough decision to close the trade (we don’t trade on Fridays) in profit proved to be insightful as the fuse to the […]
G’day Surfers – bungee battle ends in good win OR draw. Yesterday’s Report Well, what a day yesterday turned out to be as the bungee chord went into overdrive. First up, I spotted a nice acceleration point and was rewarded with a nice Short that travelled beautifully to target. The consolidation that had been […]
G’day Surfers – let’s start again! Yesterday’s Report After getting off to a flying start this week, trading was halted yesterday, by the Veteran’s Day Bank Holiday in the US. Surprisingly, the market was quite active and EUR/USD put in a 105 pip shift. A little more than half that was gain for the […]
G’day Surfers – nice, unusual Monday. Yesterday’s Report Most Mondays are slow and uneventful but I couldn’t say that about yesterday. In fact there was quite a bit of activity, producing multiple setups. Order #1 expired before #2 setup, both Shorts. #2 triggered but took sometime to deliver TP1, which formed a Long setup and […]
Happy New week Surfers Yesterday’s Report The NFP number on Friday was a little off forecast and the typical whip saw reaction settled into some USD selling and EUR/USD managed to erase some of the ‘damage’ inflicted by Thursday’s NOT well received ECB statement. The good news is that we are now free to trade […]
