G’day Surfers – wow, what a start to the week!! Yesterday’s Report The Daily range of EUR/USD continues to shrivel, as though it were a male jumping into icy water. A paltry 17 pips yesterday as the build up to FOMC and NFP began. Remarkably, we found an entry Long on M30 and even […]
Happy New week Surfers Yesterday’s Report The Bears continued their recent dominance on Friday, taking 54 pips off EUR/USD and leaving the previous 2014 low and DCZ 1.3485 behind. Technical Analysis That scenario looks ominous and the Bearish momentum and trend looks set to continue. Thursday’s doji day has allowed WP to close […]
G’day Surfers – The pip drought continues. Yesterday’s Report This time last week I was cruising off the east Coast of Australia, with a swell running at 8mtrs. That produces massive waves (though a little big to ride). The FX Market I returned to find, was the complete reverse – Flat City! This week we […]
G’day Surfers – Usual suspects deliver….absolutely NOTHING! Yesterday’s Report If Tuesday’s 70 pip range was supposed to kick start EUR/USD, someone forgot to tell the market! My memory isn’t as sharp as I would like it to be but I can’t remember in my 8yrs of trading, another day (Bank Holidays aside – but […]
G’day Surfers – still no way in for us. Yesterday’s Report When the market is falling. it’s nice to be invited to the party but sometimes the invitations aren’t sent out. Yesterday, no invitation was received as News started the ball rolling downhill. In fact, EUR/USD was setting up Long, both before News, on Intraday […]
G’day Surfers, it’s a long drawn out process. Yesterday’s Report When it takes fourteen and a half hours between entry and TP1 on an M30 Trade – you KNOW there is no market. That’s precisely the scenario that took place yesterday, as we were triggered Long at our second attempt. Those who chose to […]
Happy New Week Surfers. Yesterday’s Report Having enjoyed a few days at sea, I haven’t looked at a chart since last Wednesday. Unlike the 8 metre swell that created a LOT of boat movement, PA has hardly changed position, despite an unsuccessful lunge at the 2014 Low. It would appear I chose a good […]
G’day Surfers – is the Giant awakening? Yesterday’s Report After a bungee type start to the day yesterday, EUR/USD found a direction and made a bit of a statement. It’s early days but what we saw of PA’s elevated pulse rate was encouraging. No entries for us as PA shied away from both of our […]
G’day Surfers – same old, same old. Yesterday’s Report When PA pounced straight into action at London open yesterday, I thought – here we go. A mere 60 minutes later, it was back to normal as the market died, taking any hope of trading with it. Another sub 50 day as EUR/USD ranged only […]
Happy New Week Surfers Yesterday’s Report A perfect Doji closed the nearly doji week on Friday, as the compressed market continued its poor liquidity. A 33 pip Daily Range did nothing to enhance a 75 pip Weekly Range which all adds up to to a sleepy market. Technical Analysis The 1.3600 level continues […]
