G’day Surfers – still no way in for us. Yesterday’s Report When the market is falling. it’s nice to be invited to the party but sometimes the invitations aren’t sent out. Yesterday, no invitation was received as News started the ball rolling downhill. In fact, EUR/USD was setting up Long, both before News, on Intraday […]
G’day Surfers, it’s a long drawn out process. Yesterday’s Report When it takes fourteen and a half hours between entry and TP1 on an M30 Trade – you KNOW there is no market. That’s precisely the scenario that took place yesterday, as we were triggered Long at our second attempt. Those who chose to […]
Happy New Week Surfers. Yesterday’s Report Having enjoyed a few days at sea, I haven’t looked at a chart since last Wednesday. Unlike the 8 metre swell that created a LOT of boat movement, PA has hardly changed position, despite an unsuccessful lunge at the 2014 Low. It would appear I chose a good […]
G’day Surfers – is the Giant awakening? Yesterday’s Report After a bungee type start to the day yesterday, EUR/USD found a direction and made a bit of a statement. It’s early days but what we saw of PA’s elevated pulse rate was encouraging. No entries for us as PA shied away from both of our […]
G’day Surfers – same old, same old. Yesterday’s Report When PA pounced straight into action at London open yesterday, I thought – here we go. A mere 60 minutes later, it was back to normal as the market died, taking any hope of trading with it. Another sub 50 day as EUR/USD ranged only […]
Happy New Week Surfers Yesterday’s Report A perfect Doji closed the nearly doji week on Friday, as the compressed market continued its poor liquidity. A 33 pip Daily Range did nothing to enhance a 75 pip Weekly Range which all adds up to to a sleepy market. Technical Analysis The 1.3600 level continues […]
G’day Surfers – There’s signs of life – at last! Yesterday’s Report Well, finally the 50 pip daily barrier has been broken and pretty much as anticipated – straight to the Short side. Sadly, the only two setups, were Long ones. Sometimes it happens – direction correct, setups non compliant. One of the greatest parts […]
G’day Surfers – Failed On Most Counts, except the real one….making money! Yesterday’s Report When the Fed talks – the market listens. Well, at least that used to be the case but when an FOMC Statement produces a 29 pip M30 candle, my ears prick. What am I missing here? That mystery aside, PA was […]
G’day Surfers – something’s gotta give! Yesterday’s Report You don’t need me to tell you that there was yet again, NO MARKET for EUR/USD yesterday. A solo 20 pip M30 candle was the major component of yet another dismal 29 range. We saw the ‘acceleration point’ but our Long order expired, prior to entry. […]
G’day Surfers – it’s a slow old market. Yesterday’s Report You may be sick of hearing it but facts are facts – EUR/USD is in a deep slumber and in need of life. We can say that the market consolidates before and after News like last week’s NFP and tomorrow’s FOMC Statement but consolidation is […]
