Happy New Week Surfers. Yesterday’s Report Different Day – same scenario…..EUR/USD continues to slide and what a slide it really is! One thousand three hundred pips since May. What’s that the Equity boys say about selling in May?? Technical Analysis The EURO roadshow shows no sign of reaching its destination and Support levels continue […]
G’day Surfers – market says no to 1.2700. Yesterday’s Report I was happy to be a spectator yesterday, believing enough EURO blood had spilled and that consolidation was in order. London Session seemed to disagree with me and the voracious bears continued the ‘kill’. The story changed at 1.2700 as the market made a statement […]
G’day Surfers – what a beautiful twist! Yesterday’s Report I spoke yesterday how disciplined a trader needs to be and how perfect analysis sometimes leads to a day without pay. We saw yesterday, how that can completely flip/flop when the crystal ball is slightly OUT of focus. I was championing the “trade within the range” […]
G’day Surfers – great analysis but no entry. Yesterdays Report Remaining true to your strategy is sometimes more difficult than others and when the crystal ball seems very focused, the difficulty is high. Yesterday was one of those times when PA tracked our analysis like a laser: http://clip2net.com/s/iXRRww yet there was no entry for […]
G’day Surfers, great start to the week. Yesterday’s Report A slightly positive day for EUR/USD produced a very nice positive day for us as we pounced on an opportunity to trade with the trend but against the momentum of the day. With only a 51 pip range to work with, our Short entry was clinical […]
Happy New Week Surfers. Yesterday’s Report The re-test of our broken Support Trendline was answered emphatically on Friday as the Thursday pullback was unceremoniously swamped.Although 1.2800 was spared from an assault, that level remains in sharp focus. Technical Analysis EUR/USD remains under enormous pressure and it’s impossible to be anything but Bearish the […]
G’day Surfers, little pullback. Yesterday’s Report The week concluded for us yesterday with a very slow but purposeful Daily Pivot test, plus a little interest. In fact PA managed to make it’s way back to 1.2930, re-testing the broken Weekly Support Trendline. No entry opportunities presented so we were happy to place the cue in […]
G’day surfers – all quite predictable really. Yesterday’s Report When FOMC is due to be released, not much happens on EUR/USD in the lead up and we saw that again yesterday with PA unwilling to stray far from DP, prior to the NEWS. Our only order of the day was a Short, hoping to catch […]
G’day Surfers – nice counter punch. Yesterday’s Report As short lived as it was, EUR/USD showed signs of life yesterday, hurtling skyward and away from DCZ 1.2945. We managed to catch the move with an old favourite Surfing The Pips Secret Candle Pattern. In fact, the very same pattern that took us into a […]
G’day Surfers – nothin doin. Yesterday’s Report Like a bad smell, EUR/USD EUR/USD continues to linger around DCZ 1.2945. A series of false breaks of that level both Long and Short is becoming the norm. We found a long setup on both intraday and S&R strategys’ yesterday. The Intraday expired and the S&R is […]
