G’day Surfers – EUR/USD back below 1.3700. Yesterday’s Report Just when I thought 1.3700 was behind EUR/USD for the time being – CRASHHH, straight back through it. Not prior to an entirely boring 4 hours of London Session however and without inviting us on the run. No trades. Technical Analysis With PA ducking back […]
G’day Surfers – a little pain inflicted! Yesterday’s Report Both strategies took small hits yesterday as EUR/USD settled deeper into consolidation through nervous PA. The market was visibly edgy as it attempted to find direction – and failed. As did our two attempts to trade breakouts. M30 strategy was first to stumble, our 2nd […]
G’day Surfers – We banked – did you? Yesterday’s Report Doji days don’t provide us with many trading opportunities but we were presented with two yesterday – both Long. #1 expired but #2 found the day’s acceleration point beautifully. We closed at 1st Resistance. Those who didn’t, would still be Free Trading. Technical Analysis […]
Happy New Week Surfers. Yesterday’s Report EUR/USD staged a reasonable recovery from Thursday’s sell off and looked full of steam when it burst through DP and headed for the week’s High on Friday. Sellers stepped back in however and tempered the Bull’s roar. The day closed up 20 pips as the cross struggled to […]
G’day Surfers – NO TRADE WEEK. Yesterday’s Report EUR/USD has barely moved all week but not so good Manufacturing numbers out of France & Germany changed that, sending PA on a 67 pip sky dive. Those figures were released at London Open and put on hold, any trading opportunities we were seeking. There would be […]
G’day Surfers – BOOORIINGG! Yesterday’s Report EUR/USD’s range prior to London Open yesterday, was 34 pips – not so unusual for Asia Session. London Open to FOMC Statement…..25pips and UNTRADEABLE! The FOMC Statement pushed the Daily Range out to a meagre 48 pips! The Weekly Range to date, is just 82 pips – just […]
G’day Surfers – 1.3700 sorted – 1.3815 next stop? Yesterday’s Report 1.3700 finally yielded to the pressure of multiple tests yesterday with PA breaking through the technical and psychological barrier. We would have liked to go with it but no invitation was sent (or it’s still in the mail) and we found no way […]
G’day Surfers – Range Breaker Day? Yesterday’s Report With “All the President’s Men” celebrating yesterday, there was no market at all. The 32 pip Doji would be acceptable on an M30 Chart but it was in fact, the Daily Candle. Nothing more to say except glad we stayed away! Technical Analysis PA made it’s way […]
Happy New Week Surfers. As is our practice, Surfing The Pips will not be trading today, a US Bank Holiday. We accept that the market is susceptible to poor liquidity and unpredictable volatility when US markets are closed. Our normal services will resume tomorrow. Enjoy the Long Weekend, Geoff Pyne CERTIFIED TRADER
G;day Surfers – we waited and waited and………… Yesterdays’ Report For three weeks we have waited to play the break of a Flag (different ones each week) and finally, the break has come. irony of ironies – it broke without us!! Not that the market didn’t warn us, we received a Secret Surfing The Pips […]
