G’day Surfers – no trades on crazy day. Yesterday’s Report In what seems like an unprovoked surge, EUR/USD spiked 25 pips in a heartbeat as Londoners turned up to work yesterday. The unexpected buying spurt was short lived as Price Action (PA) retraced immediately but it’s ferocity caused a 3pip gap in the market. […]
G’day Surfers – Meandering Monday market produces full profit. Yesterday’s Report On a typical Monday – Price Action (PA) was a misnomer, there was very little. What a strategy we have then, that can take full profit from a market that moved as if wounded (slowly and not far). Preferring Shorts, we were aware […]
Happy New Week Surfers – back in business. Yesterday’s Report Four of the six H4 candles tested Daily Pivot (DP) on Friday as EUR/USD successfully reversed the only Bearish day of the week (Thursday). Like the previous two days, Price Action (PA) tested but couldn’t break through the 1.3500 psychological level, closing the week just […]
Hello Surfers, F.D.A. will come back next week. Take care and…trade with consciousness! Staff
G’day Surfers – typical pre-news day. Yesterday’s Report It was sleepy NFP week Central on EUR/USD charts yesterday as traders stayed well away from their order books, awaiting NEWS. They awoke from their slumber just prior to the News announcement and then SOLD Euro’s BIG TIME when the ECB announced an interest rate drop, it’s […]
G’day Surfers – not much to work with but job done. Yesterday’s Report Sustained buying through Asia Session was the “main attraction” on EUR/USD yesterday, leaving us with not much room to manouvre. The setup was indicating Long was the way to go and we received two invitations. Our first entry hit TP1 and […]
G’day Surfers – Seller’s responded. Yesterday’s Report We anticipated correctly suggesting there would be buyers early, giving way to Sellers later on. That’s precisely what we got as EUR/USD tested our 1.3450 Daily Critical Zone for the second day running. Also for the second time, the level was rejected. We saw the opportunity to […]
G’day Surfers, Happy New Week. Yesterday’s Report The massive flow “over the falls” of EUR/USD was “plugged” yesterday as Daily Critical Zone (DCZ) 1.3450 put an abrupt halt to the EURO selloff. Price Action “splashed back” some 82 pips. Most of that was attributable to Asia Session on an otherwise typical Monday Market. Technical […]
G’day Surfers – 11th hour but we got the cash! Yesterday’s Report We finally got a strong answer to the “pullback” question that had been on our minds all week “are we there yet?” EUR/USD plummeted from it’s 1.3700 Wednesday base. We were expecting movement South before looking North but no-one was buying EURO’s yesterday. […]
G’day Surfers – sometimes “knowing” doesn’t mean payday. Yesterday’s Report Analysis and Play of the Day were a perfect template for EUR/USD yesterday and that’s how the market unfolded. Trading it however was like trying to cross a busy 8 lane motorway while sleep walking. The market was ducking & weaving in a tight […]
