G’day Surfers – could have been better! Yesterday’s Report I mentioned earlier in the week that the market got a head start on us, preventing us from entry and sometimes that’s the case. Yesterday was almost like that but maybe we could have caught the crash that occurred later in the day, if I’d taken […]
G’day Surfers – no way in! Yesterday’s Report As keen as we were to bank some pips with the Flag break yesterday, EUR/USD had made it’s move, well prior to our working day. The selling that began in Asia Session continued through UK Session, until 1.2475, where PA commenced consolidation. The only setup was […]
G’Day Surfers – poor start to week. Yesterday’s Report I will need to consult our records but I don’t recall ever having to report a third consecutive loss before, but there’s a first time for everything and the market is boss. Our poor start to the week continued yesterday as we again ‘lucked out’, missing […]
G’day Surfers – they got us. Yesterday’s Report Sometimes it’s better to extend the weekend when the market has no idea and yesterday was one of those Mondays. We love to find acceleration points but yesterday, there were none and we paid the price. Two setups presented to trade counter trend Long but PA […]
Happy New Week Surfers. Yesterday’s Report The 1.2500 psychological level and 1.2510 DCZ were enough Support to stop the 300 pip week long fall on Friday despite a further 88 pips being conceded. DP was passed through and the session was yet another bounty for the Bears. Tehcnical Analysis 1.2500/1.2510 becomes the new […]
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 […]
Of the many wannabe traders I have seen pass through various seminars and even training courses, through to live trading sessions, it’s true that the vast majority have professional trading as their goal. Let me tell you- that can sometimes be fool’s gold. Just as not everyone is suited to be Prime Minister or Governor, […]
G’day Surfers – FOMC = KABOOM. Yesterday’s Report We had a mixed day of trading yesterday with News dominating as expected. The good news is that prior to the FMC Statement, we found a way in to the only Bullish movement of the day and hit target after a bumpy ride. Then the fireworks began […]
G’day Surfers – Lively day! Yesterday’s Report The strong three way confluence at DCZ 1.2775 overpowered the Bears yesterday as PA accelerated beautifully through our Long order entry. It was quite a fun day of trading as we were firstly free trading Short (having ALMOST dismissed the Bulls) but quickly on standby for the […]
G’day Surfers – Free ride for naughty traders. Yesterday’s Report EUR/USD setup Short, in line with my analysis yesterday but the order I placed on M30 failed to trigger prior to Red News. Under our rules, I cancelled the order but I know some ‘naughty’ traders with a stronger risk appetite chose to trade through […]
