Happy New Week Surfers. Yesterday’s Report It was far from decisive and dependant on brokers but for most, last Week could best be described as NOT negative. In truth a Doji week it was and Friday’s 29 pip gain, enough to prevent the cross recording an historic ninth successive negative week. Technical Analysis […]
G’day Surfers – sometimes it just doesn’t happen. Yesterday’s Report Like a Salmon straining every sinew to ‘climb’ a waterfall, EUR/USD has struggled to get above DCZ 1.2945 all week long, without success. Similarly, we have sought to find a ride on the Salmon’s back. The hungry Bears above keep ‘picking off’ those who succeed […]
G’day Surfers – do we need more sleep? Yesterday’s Report For the second day running, PA has delivered us setups very early in UK Session but on both occasions, the market has delayed its response. We escaped for free on Tuesday but yesterday, we paid a small price. First candle of the day setup […]
G’day Surfers – We were a little early. Yesterday’s Report Though not substantial, the expected pullback came, but a little too late for me to get the pips yesterday. I placed the Long order which triggered and achieved a first take profit (and a second if you used a weak level of Resistance as […]
G’day Surfers – Gravity still winning. Yesterday’s Report Still no pullback for the rampant EUR/USD as the gravitational pull continues. We weren’t expecting much action yesterday, post Thursday and Friday News but still Sellers ripped a further 60 pips off the EUR/USD carcass. Our only order of the day was in fact Short, but it […]
Happy New Week Surfers. Yesterdays Report Had the Euro interest rate announcement been scheduled for this week, instead of last, EUR/USD (in my humble opinion) would now be trading at around 1.3300, rather than where it begins the week, @ 1.2935. An horrendous NFP figure on Friday raised a mere ripple in the market, because […]
G’day Surfers – long road but nice ending. Yesterday’s Report It took a full eighteen hours but finally, our Long target from Tuesday was hit yesterday but the time factor proved a little costly. An almost identical setup presented prior to our target being hit but because #1 was still in the market, a second […]
G’day Surfers – Ball, Ball, Base Hit! Yesterday’s Report Three times we invited PA to ‘play ball’ yesterday but the market was pitching outside the strike zone, producing expiry’s on plays one and two. The fast ball (acceleration and entry) came on pitch #3 and after a near foul, we managed first base (in […]
G’day Surfers – NFP week goes for eight straight. Yesterday’s Report As expected, yesterday was a non event with New York and the rest of North America having a labour Day Bank Holiday. We didn’t trade of course but did notice that Friday failed to hold back the tide and EUR/USD completed its seventh consecutive […]
Happy New Week Surfers. It was London who celebrated last Monday and this week it’s New York that will stay away from the markets as North America observes Labour Day. In line with our policy of not trading when either of the ‘Super Power’ Trading centres is on holiday, we too will be having the […]
