G’day Surfers – Mixed bag today. Yesterday’s Report At 52 pips, yesterday’s EUR/USD range was greater than the recent average for ‘post NFP Monday’ but not enough to complete our Long order which is still free trading, some 18 hrs after it triggered!! Needless to say, PA was very lazy as it edged away […]
Happy New Week Surfers. Yesterday’s Report The NFP announcement on Friday failed to make an impression on the market which produced a meagre 59 pip range for EUR/USD. The 1.3700 DCZ held and the week ended 2 pips above that level. Technical Analysis After a third consecutive week of selling (albeit restrained), still […]
G’day Surfers – still range bound. Yesterday’s Report After a long wait for PA to come our way, it took news to trigger our Long Swing & Relax order. TP1 was achieved but the volatility of the news reaction denied us from hitting target. The trade closed at Break Even as PA reversed, preferring the […]
G’day Surfers – the calm before the storm? Yesterday’s Report EUR/USD acted exactly as expected yesterday but again refused to allow us onboard – it happens! NFP week consolidation suggested that PA would not stray beyond the 1.3815 DCZ. Indeed, that 1.3700 would provide the magnetic attraction. It’s fair to say the market ambled […]
G’day Surfers – NFP Week….say no more. Yesterday’s Report Still sporting a liberal dose of PA repellent, we attempted twice yesterday. to play the DP Test Short. EUR/USD’s 47 pip range (apart from being very small) however was in the main Bullish so no DP test and no entries. Technical Analysis As PA […]
G’day Surfers – more bungee action. Yesterday’s Report EUR/USD must be nearing the end of its tether which continues to reel the cross back in, every time an ‘escape’ is attempted. Yesterday was another virtual replay as PA consolidated, burst Short ever so briefly, before the tether reached elasticity point and ‘twang’ – complete […]
Happy New Week Surfers. Yesterday’s Report EUR/USD paid 1.3700 a brief visit on Friday and found Support in the psychological level, that coincided with Monthly Pivot. PA bounced, closing the day 18 pips positive but the week, 42 pips negative. It being Friday – no trading for us. Technical Analysis DP is well […]
G’day Surfers – I’m thirsty for pips! Yesterday’s Report Just like the day before it and the day before that and……..yesterday’s PA continued to turn it’s back on our now quite persistent attempts to make some pips. Again we saw opportunities to ride a breakout Long and again, sellers kept buyers at bay until […]
G’day Surfers. the cold shoulder treatment continues. Yesterday’s Report Another Bungee day for EUR/USD as the Bears extracted 13 pips from a range of 98 pips. PA remains reluctant to stray from 1.3815 and our long term Resistance Trendline and more importantly, refuses to entertain our orders. Again, we saw an opportunity to enter […]
G’day Surfers – we must be using PA Repellent Yesterday’s Report Sixty five down – one hundred and fifteen up – forty down DOES NOT sound like your typical Monday EUR/USD market. Probably because it wasn’t. Seven Medium to High impact news releases would be the prime suspect in this case but whatever it […]
