G’day Surfers – size again the issue. Yesterday’s Report As expected, EUR/USD shook off the NFP hangover yesterday and resumed the Bearish momentum that has dominated for the past 3 months. A Bonsai version of a Secret Surfing The Pips Candle Pattern was the only warning PA gave, before the 67 pip sell off. The […]
G’day Surfers – Holiday Season?? Yesterday’s Report Tis the season to be Holi…….daying and that’s pretty much what we got yesterday. EUR/USD ranged 22 pips and showed signs that the sun tan was being worked on. Not even a thought of an entry was contemplated. Technical Analysis DP has edged a little further between WP […]
Happy New Week Surfers. Yesterday’s Report Poor NFP numbers breathed a little life into EUR/USD on Friday but the move wasn’t totalling convincing. The 60 pip News spike contracted to a 32 pip Daily gain as PA failed to re-test Thursday’s break of DCZ 1.3475. The small pullback was sufficient to create a near […]
G’day Surfers – no market pre NFP. Yesterday’s Report Without surprise, EUR/USD failed to perform yesterday, displaying total indecision in a tiny range. The reason: NFP day today. We didn’t entertain the thought of trading a market that was set to damage, not deliver!. Our S&R GBP/JPY trade remains well in profit as we prepare […]
G’day Surfers – Bungee Day with weak FOMC. Yesterday’s Report The recent Bearish Trend looked set to continue yesterday on the back of News from the States. Just as it looked likely to crash, EUR/USD rebounded to recover most of the lost ground. Again, our strategy spotted a Long setup but the DP test never […]
G’day Surfers – expectations become untradeable reality. Yesterday’s Report Blind Freddy could had a pretty good view of the Bearish “flavour” of yesterday’s market but only Hobbits were invited to party. We found an entry to catch the pre-sale runup in the day’s largest H1 candle (11pips) and duly found a TP1. PA immediately […]
G’day Surfers – wow, what a start to the week!! Yesterday’s Report The Daily range of EUR/USD continues to shrivel, as though it were a male jumping into icy water. A paltry 17 pips yesterday as the build up to FOMC and NFP began. Remarkably, we found an entry Long on M30 and even […]
Happy New week Surfers Yesterday’s Report The Bears continued their recent dominance on Friday, taking 54 pips off EUR/USD and leaving the previous 2014 low and DCZ 1.3485 behind. Technical Analysis That scenario looks ominous and the Bearish momentum and trend looks set to continue. Thursday’s doji day has allowed WP to close […]
G’day Surfers – The pip drought continues. Yesterday’s Report This time last week I was cruising off the east Coast of Australia, with a swell running at 8mtrs. That produces massive waves (though a little big to ride). The FX Market I returned to find, was the complete reverse – Flat City! This week we […]
G’day Surfers – Usual suspects deliver….absolutely NOTHING! Yesterday’s Report If Tuesday’s 70 pip range was supposed to kick start EUR/USD, someone forgot to tell the market! My memory isn’t as sharp as I would like it to be but I can’t remember in my 8yrs of trading, another day (Bank Holidays aside – but […]
