G’day Surfers – a little relief. Yesterday’s Report Yesterday’s positive candle stands out like on sore thumb on my ‘riddled with negativity) trading charts. As sure as God made little green apples, so too the market must rest. At this stage, that’s all that has happened and to be Bullish EUR/USD is not on my […]
G’day Surfers – expectations met. Yesterday’s Report As we’ve come to expect from an NFP week Wednesday, EUR/USD kept a very low profile yesterday spending most of the day in a 30 pip range, under DP. A brief ‘rush of blood’ effected a DP Test but PA withdrew very quickly to resume its ‘post’. […]
G’day Surfers – they got another sniff. Yesterday’s Report Diametrically opposed to my analysis yesterday, EUR/USD crashed again, hitting mid 1.25’s before recovering slightly to close above the psychological 1.2600 level. It being NFP week and the last day of an over extended Month, I was expecting consolidation but that was put to bed […]
G’day Surfers – we had the right ideas. Yesterday’s Report EUR/USD’s reliability when it comes to testing the DP, is well documented and a fact to which we pay much attention. Yesterday was one of those days where it’s extremely difficult to trade the potential ‘routine’ visitation, due to the extremely strong trend in […]
Happy New Week Surfers. Yesterday’s Report Different Day – same scenario…..EUR/USD continues to slide and what a slide it really is! One thousand three hundred pips since May. What’s that the Equity boys say about selling in May?? Technical Analysis The EURO roadshow shows no sign of reaching its destination and Support levels continue […]
G’day Surfers – market says no to 1.2700. Yesterday’s Report I was happy to be a spectator yesterday, believing enough EURO blood had spilled and that consolidation was in order. London Session seemed to disagree with me and the voracious bears continued the ‘kill’. The story changed at 1.2700 as the market made a statement […]
G’day Surfers – what a beautiful twist! Yesterday’s Report I spoke yesterday how disciplined a trader needs to be and how perfect analysis sometimes leads to a day without pay. We saw yesterday, how that can completely flip/flop when the crystal ball is slightly OUT of focus. I was championing the “trade within the range” […]
G’day Surfers – great analysis but no entry. Yesterdays Report Remaining true to your strategy is sometimes more difficult than others and when the crystal ball seems very focused, the difficulty is high. Yesterday was one of those times when PA tracked our analysis like a laser: http://clip2net.com/s/iXRRww yet there was no entry for […]
G’day Surfers, great start to the week. Yesterday’s Report A slightly positive day for EUR/USD produced a very nice positive day for us as we pounced on an opportunity to trade with the trend but against the momentum of the day. With only a 51 pip range to work with, our Short entry was clinical […]
Happy New Week Surfers. Yesterday’s Report The re-test of our broken Support Trendline was answered emphatically on Friday as the Thursday pullback was unceremoniously swamped.Although 1.2800 was spared from an assault, that level remains in sharp focus. Technical Analysis EUR/USD remains under enormous pressure and it’s impossible to be anything but Bearish the […]
