G’day Surfers, welcome back! Yesterday’s Report Well, what can one say – Bank Holidays in both London & New York mean’t we took the day off also and a quick look at the market, vindicates that position. Absolutely no liquidity nor movement with EUR/USD ranging a mere 33 pips and becoming the second doji day […]
G’day Surfers – with both London & New York Banks on Holiday today, we are expecting extremely low liquidity & the potential for extraordinary volatility. For these reasons, Surfing The Pips will NOT be trading today. Normal services will resume tomorrow. Enjoy the extended weekend. Geoff Pyne CERTIFIED TRADER
G’day Surfers –amazing resilience…..again! Yesterday’s Report Despite multiple reasons EUR/USD had to fall yesterday, the cross responded to positive Economic News from both France & Germany, to firstly re-enter now familiar territory above our Long Term Support and then, above Daily Pivot. We saw the move coming and placed an order prior to London Open […]
G’day Surfers – what a ride! Yesterday’s Report It took a while to play out but the mixed nature of yesterday’s market manifested in a buying surge followed by the expected sell off to Daily/Weekly Pivot & beyond. An early opportunity to enter Short was ignored. We were patient and awaited a second Secret Surfing […]
G’day Surfers – apologies for the missing screen captures – a software issue cannot be repaired so there are some images not transmitting. Yesterday’s Report Boring? yes. Tough to trade?, certainly. Yo-yoing, you bet. Revealing, quite possibly. EUR/USD inched it’s way below Daily Pivot (DP) yesterday, taking out a couple of Lows as it went. […]
G’day Surfers – nice start to the week? Yesterday’s Report I was looking for Short entries yesterday but put pips in the bank trading Long. With long term Support broken, EUR/USD was under pressure (again) yet once more, the cross has fought its way back above that level. The small Ascending Triangle http://clip2net.com/s/55YxAc provided […]
Happy New Week Surfers. Yesterday’s Report No surprises that EUR/USD lost more ground on Friday, given the pullback that was delivered on Thursday and the break of our Long Term Support #1. Price Action (PA) failed to sustain momentum below 1.2800 however and we begin the week with PA pulling back towards another retest of […]
G’day Surfers – ready for the weekend? Yesterday’s Report Consistent with the need for pullback yesterday, Price Action broke consolidation to the North, stopping beautifully, on our Resistance Trendline #1, where it turned immediately, bound for another test of the long term Support #2. Twice we tried to catch the rally, with only our second […]
G’day Surfers, still slow & steady. Yesterday’s Report Fall, Support, Rally! That’s the simplified version of EUR/USD’s “repeat performance” of Tuesday’s action but again, only 34 pips were shed when the day was done and the gradual decline for EURO continued. We were keen to get Short but were looking for a Daily Pivot test […]
G’day Surfers – No crash YET but EURO sliding. Yesterday’s Report EUR/USD resembled the leaves of Autumn as it fell 60 pips gently yesterday, but not before Price Action (PA) attempted to revisit 1.3030. Perhaps the action of a dear friend about to embark on a “holiday”? We saw both the rally AND the fall […]
