Happy New week Surfers – my humble apologies for the late arrival. I’ve had plenty of time to mirror the market but here’s how I saw it 3.5 hrs ago…… Yesterday’s Report A 100 pip doji day would suggest a relatively non eventful end to the week but from my perspective, the close below the […]
G’day surfers – are we there yet? Yesterday’s Report Week three of the EURO sell off continued yesterday with another 90 pips disintegrating. Of greater significance is where the day concluded – right on the last Support! The seven month old Support Trendline #1 is currently being tested and is absolutely crucial to EUR/USD’s immediate […]
G’day Surfers – You don’t always get paid for being right. Yesterday’s Report I was Bearish but NOT expecting a 150 pip crash – and that’s what happened yesterday to EUR/USD. Sometimes getting the direction of the market right is not enough to bank pips. In fact, if you get a little “creative” (read cheeky), […]
G’day Surfers – and break they did! Yesterday’s Report The congestion of the market forced Price Action (PA) to break ranks and the inevitable ocurred. We weren’t sure which direction the break would take but we received a nice signal prior to London Session. The acceleration we sought occurred but the market stalled prior to […]
Happy New Trading Week Surfers – nice long break! Yesterday’s Report Though I confess to paying scant regard to the charts yesterday, I found no surprise that the market ranged less than 60 pips and was directionless. We are definitely better off away from the Market when either the US or Europe are on Holiday! […]
G’day Surfers, Oh bummer – it’s another Holiday Monday!! Yesterday’s Report The perfect imitation of a Bungee cord was how Friday traded. Our Support Trendlines provided the perfect boundaries for Price Action but of course, it being Friday, no trading for us. Technical Analysis In deference to President’s Day in the USA, we will not […]
G’day Surfers – weekend time! Yesterday’s Report It’s not often I am in disagreement with our Pivots which yesterday were in Bullish formation. The Bearish continuation Flag was NOT to be denied however and only EURO sellers could be found. My preferred option was to trade Long yesterday after early selling but there was NO […]
G’day Surfers – Coast is clear. Yesterday’s Report It might have been short lived but the Bullish movement yesterday was sufficient for our Buy Signal to hit both it’s targets. There was no warning of which direction EUR/USD was going to break the consolidation but a subsequent pullback gave us the signal we needed […]
Do you really want to start earning with online trading? Well, there’s no escape: if you are really motivated to add a further income to your usual work or even if you want to become professional traders, you must check that your efficiency is as well organized as the one of a company. I always […]
G’day Surfers – Lookout for breakout Yesterday’s Report Without a clear direction Yesterday, we needed to rely on AAA setups rather than guess which way the consolidation would break. The setup we received at our Hotspot was for a break Short. Clearly the Support we mentioned held and Price Action took off in the opposite […]
