G’day Surfers – OMG soooo glad we rested! Yesterday’s Report What an absolute bore the market was on US Bank Holiday Monday, Price Action barely moving in a range of just 42 pips. Not surprisingly, it was a doji day but from a relevance point of view – I would forget the market even […]
Happy New Week Surfers – rest day for us. Yesterday’s Report To cap off a less than great week for EUR/USD, some bad Production numbers out of France and Italy didn’t help offset the predictable rise in US Consumer confidence on Friday. Despite some EURO buying through Asia session, once again London/US traders erased […]
G’day Surfers – another week bites the dust. Yesterday’s Report Another 60 pip range for EUR/USD yesterday, to wrap up a very tedious trading week (our trading week) for the cross. Take out Monday’s fall and the reaction (in both directions) to the Obama re-election and it was flat city all the way. Try as […]
G’day Surfers – another day, another day under pressure for EURO. Yesterday’s Report Whipsaw Wednesday was pretty close to an apt description of EUR/USD’s behaviour yesterday. Those who trade Asia Session displayed a knee jerk reaction to the Obama victory, buying EURO in a hurry. When the big boys went to work, they would […]
G’day Surfers – election over, now for Greece?? Yesterday’s Report As so often happens prior to a major event – EURO was going nowhere yesterday……..and didn’t! Impossible to trade in a 60 pip range so we turned our attention to our Swing & Relax Strategy and the JPY crosses. We found a nice entry on […]
G’day Surfers – OBAMA or ROMNEY, today’s the day. Yesterday’s Report An horrendous Unemployment number out of Spain forced an immediate EUR/USD 56 pips crash and then the market to go to sleep. I was calling EURO short term long in response to the magnetic force provided by a combined Daily/Weekly Pivot. This combo […]
Hi Surfers, just click here to see the recording of our November 5, 2012 Free Live Trading Room and watch the trade we took live. Trade was a “pennant” price pattern short on EURUSD. Have fun. Davide Franceschini | Chief Trader
Happy New Week Surfers – have we found a trend? Yesterday’s Report I never pay much attention to NFP news, despite it’s impact on the markets – as I don’t trade around it. Just a little curious on Fridays numbers however, given tomorrow’s important date in USA. Certainly the positive unemployment figures produced upside […]
Hello Surfers, yesterday was a good day. Let me tell you why it was better than what it might looks like. Yesterday’s Report After some day without an entry (bad market conditions and hurricane Sandy has been a very bad mix) yesterday was finally our day. We had a perfect trade on Intraday (M30) buying […]
G’day Surfers – how was race day? Yesterday’s Report EUR/USD’s gallop to the North we were expecting certainly took place with Price Action out of the barrier pre-London session, racing straight to 1.3021. Recognising it was running on a circuit, PA simply followed the rules, changing direction at Resistance (last Thursday’s high) and returning […]
