G’day Surfers – 1.3600 the killer! Yesterday’s Report EUR/USD slept for most of the day, waking briefly to react to News, which prompted the Bulls to deliver a killer blow to our Short entry. The dreadfully slow pre-news market and the much talked about 1.3600 prevented us, by less than a pip, of achieveing […]
G’day Surfers – just add another Doji to the mix. Yesterday’s Report The compressed nature of the market continued yesterday with yet another small range Doji Day – this time 45 pips! DP was crossed five times in that lot, making trading extremely difficult. PA did pretty much as we expected but offered no entry […]
G’day Surfers – not much doin! Yesterday’s Report It’s not quite a Doji, but yesterday’s Daily Candle replicates the previous two, as though they were triplets. Again we witnessed the reluctance of the Bears to ‘go on with the job’, having spent late Asia/early European sessions, merrily selling. Just like the previous two days […]
Happy New Week Surfers. Yesterday’s Report The break away from 1.3600 remains on hold as PA remains around that level, in a now very familiar range. Friday’s trading was very much down & up, with no ground made in either direction. EUR/USD closed the week out at 1.3596. Technical Analysis Reflecting PA and I […]
G’day Surfers – early move kills market. Yesterday’s Report Late Asia session buying stifled London/New York sessions for EUR/USD yesterday. In the context of a still compressed market, the forty pip one hour buying ‘spree’ was enough to satisfy the Bulls appetite and keep the Bears (hovering below 1.3600) at bay. We found an opportunity […]
G’day Surfers – S&R confusion sorted. Yesterday’s Report Firstly my apologies for misrepresenting our S&R Trade #1 yesterday. I missed the entry and was not trading it myself, hence the confusion. I wrote yesterday that the trade had closed at BE when in fact, it was still alive. In an ironic twist – S&R #2 […]
G’day Surfers – Free Trade Up/Free Trade Down! Yetserday’s Report EUR/USD was at it’s see sawing best yesterday, remaining within the consolidation post the EURO interest rate drop nearly a fortnight ago. We were cruising towards banking in our S&R Long order when News drove PA South. We were waiting and our S&R Short […]
G’dat Surfers – welcome back to the range. Yesterday’s Report The Bulls enjoyed their ‘day in the sun’ yesterday, taking EUR/USD away from the obvious target area of 1.3500 and the year to date’s Low of 1.3475. The mini rally continued the see sawing nature of the last four day’s PA, which now looks […]
Happy New Week Surfers. Yesterday’s Report From the charts, Friday appears another lacklustre day in the market, EUR/USD ranging 58 pips and displaying indecision. Consolidation therefore, brought an end to a Bearish week for the cross, in response to the whipsaw action of the previous, NFP week. Technical Analysis As a result, no […]
G’day Surfers – rally too late! Yesterday’s Report EUR/USD failed to get going yesterday, again choosing to consolidate post the Monday/Tuesday sell offs. It neither sought to test last week’s four month Low nor re-test 1.3600. Oh yes, there was an acceleration point – we found it and placed the Long which expired before the […]
