G’day Surfers – wow, what a week! Yesterday’s Report Well, EUR/USD was granted permission to take off by the Fed and it took up the invitation. As intraday traders, we have been banished to the beach most of the week due to dangerous Surf in the form of an overbought market. Position traders who took […]
G’day Surfers, well I don’t know about you but was that good news – or bad? Yesterday’s Report You could be forgiven for feeling just a little deflated after the Red Robed Rulers ratified the ESM – kinda! I will leave it to others to analyse the wisdom or otherwise of the Court’s decision – […]
G’day Surfer’s – got the Longboard out? Yesterday’s Report Somewhat surprisingly, there was a bit of activity in the market as Price Action continued the Bull Run. With EUR/USD getting to the overbought stage, our ‘A’ Signals found a respectable Secret Surfing The Pips Candle Pattern in an attempt to trade the pullback to Daily […]
G’day Surfers – it could be a long week! Yesterday’s Report One full day’s trading, 24 x 1hr candles, 0 x 1hr candles of 20 pips or more!! Daily Range = 55 pips. Orders placed = 2, Orders triggered = 1: TP1 +6, TP2 -6 = Break Even. Order #2 timed out (surprise, surprise). […]
Happy New Week Surfers – Happy New Year Euro! Yesterday’s Report Yes, for the first time in over a year, EURO/USD burst through the upper limits of our Bearish Channel. The 250 pip bounce last Thursday, off the then Weekly Pivot, means we can finally state with some degree of confidence, that the cross […]
G’day Surfers – it’s THAT time of the Month again!! Yesterday’s Report If I was a fundamental trader, I would spend some time here analysing Super Mario’s announcement yesterday and pontificating over how the market has and will react to it…………I”M NOT! Trading yesterday was clearly going to be tough work as heavy hitters stayed […]
G’day Surfers, yo-yo week continues.Yesterday’s Report Price Action obeyed orders once again yesterday but forgot to slow down long enough to give us an entry. The power of the pivots showed us that Price Action would take advantage of the bungee chord and once again test the upper limit of our year old Bearish Channel. […]
Hello Surfers, a nice article ready to share today for you. “Is there anything that you see people around you doing or saying that adds a lot to their happiness, or detracts a lot from their happiness? In Iceland, they hang out in hot springs, while it’s freezing all around them. What could be better? […]
G’day Surfers – how’s NFP week treating you? Yesterday’s Report Our Play of the Day saw it coming and as if following a script, Price Action once again rejected our Bearish Channel upper limit, bouncing straight down to Weekly Pivot, where it spent the night. Without an invitation to join the movement, we found “no […]
G’day Surfers – I trust the long weekend break was kind to you. Yesterday’s Report As you would expect of a US Bank Holiday, Price Action spent most of the day enjoying a sleep in, lying prostrate on the bed provided by Daily & Weekly Pivots. A forty pip “surge” post London close was as […]
