G’day Surfers – NO TRADE WEEK. Yesterday’s Report EUR/USD has barely moved all week but not so good Manufacturing numbers out of France & Germany changed that, sending PA on a 67 pip sky dive. Those figures were released at London Open and put on hold, any trading opportunities we were seeking. There would be […]
G’day Surfers – BOOORIINGG! Yesterday’s Report EUR/USD’s range prior to London Open yesterday, was 34 pips – not so unusual for Asia Session. London Open to FOMC Statement…..25pips and UNTRADEABLE! The FOMC Statement pushed the Daily Range out to a meagre 48 pips! The Weekly Range to date, is just 82 pips – just […]
G’day Surfers – 1.3700 sorted – 1.3815 next stop? Yesterday’s Report 1.3700 finally yielded to the pressure of multiple tests yesterday with PA breaking through the technical and psychological barrier. We would have liked to go with it but no invitation was sent (or it’s still in the mail) and we found no way […]
G’day Surfers – Range Breaker Day? Yesterday’s Report With “All the President’s Men” celebrating yesterday, there was no market at all. The 32 pip Doji would be acceptable on an M30 Chart but it was in fact, the Daily Candle. Nothing more to say except glad we stayed away! Technical Analysis PA made it’s way […]
Happy New Week Surfers. As is our practice, Surfing The Pips will not be trading today, a US Bank Holiday. We accept that the market is susceptible to poor liquidity and unpredictable volatility when US markets are closed. Our normal services will resume tomorrow. Enjoy the Long Weekend, Geoff Pyne CERTIFIED TRADER
G;day Surfers – we waited and waited and………… Yesterdays’ Report For three weeks we have waited to play the break of a Flag (different ones each week) and finally, the break has come. irony of ironies – it broke without us!! Not that the market didn’t warn us, we received a Secret Surfing The Pips […]
G’day Surfers – they hit reverse gear half way home! Yesterday’s Report Interesting day to say the least as PA exploded Short (taking us with it) after forming a beautiful Secret STP Candle Pattern. Our Swing & Relax order was Free Trading in a heartbeat and stops were at entry, not long after. PA made […]
G’day Surfers – still only twice! Yesterday’s Report EUR/USD is stoic in its determination not to leave the comfort zone into which it is bound. I was a little flippant about it yesterday but History proved its NOT to be messed with as PA failed yet again, to achieve the five day rally cycle […]
G’day Surfers – UP, UP & ……. Yesterday’s Report No surprises that a ‘post NFP’ Monday produced a range of only 37pips and less surprise, that no intraday setups presented. Pretty cool however, that our Swing & Relax strategy, spotted the day’s ONLY opportunity. To be fair, the entry came during Asia session earlier today […]
Happy New Week Surfers. Yesterday’s Report EUR/USD rode the roller coaster on Friday, realising a further 50 pips to top off a positive week for the cross, almost erasing the fall of the week prior. A second consecutive poor NFP number did nothing to falter the rally. Technical Analysis The standout feature of […]
