G’day Surfers – FREE Trading again! Yesterdays’s Report We were looking for Price Action (PA) to pullback from our 1.3390 Daily Critical Zone (DCZ) and that’s precisely what happened. The second part of our expectation (crashing back through the DCZ, is on hold however, as the “pullback” looks to continue. Good news is we […]
G’day Surfers – great start to week. Yesterday’s Report Only News could move the market yesterday, but in two very different ways. Good News from Germany, curiously sent EUR/USD 65 pips South! It served only to give us the opportunity we were waiting for – to get LONG. Our entry came on the back of […]
G’day Surfers – It’s probably NOT the Trendline’s fault! Yesterday’s Report Totally without surprise, EUR/USD traded in a 36 pip range yesterday, as the Brits celebrated the last Weekend of Summer, by taking a long one (weekend). As is our policy, no trading was contemplated on a UK Bank Holiday and the market (or lack […]
Happy New Week Surfers. Yesterday’s Report A boring Friday market delivered very little until late NY Session saw a 65 pip rally taking Price Action back above the now broken/re-tested/re-broken Resistance Trendline. The Bullish Trend continuation didn’t materialise however as the day closed a mere 21pips higher than it began. Technical Analysis The only change […]
G’day Surfers – no end of week action.Yesterday’s Report Mixed early News saw EUR/USD fall to Weekly Pivot where Price Action bounced straight back to Daily. It was that kind of day, where consolidation ruled and a Doji resulted. We saw an opportunity to catch a ride Long to DP shortly after the first News […]
G’day Surfers – we did it again! Yesterday’s Report That “sneaky” Short we mentioned yesterday was the ONLY setup on a choppy day for EUR/USD. Price Action (PA) wedged itself between our S/R Trendlines, produced a perfect Buy OR Sell opportunity which we took and banked both profits. The release later in the Day of […]
G’day Surfers – sneaky trendline catches the pips. Yesterday’s Report EUR/USD made a six month Hi yesterday, on the back of some nice technicals. The Higher Hi & Lo’s we pointed out on Monday http://clip2net.com/s/5BnGit proved a great guide for us, out of the two day consolidation. Early Price Action gave us a new Hotspot […]
G’day Surfers – slow start to the week. Yesterday’s Report A sixty pip range that saw some spirited buying followed by a slow pullback to where the day began – snuggled close to Daily Pivot. Not a single trading opportunity presented so we stayed flat. Technical Analysis Daily Pivot is again the centre of […]
Happy New Week Surfers. Yesterday’s Report The Daily candle suggests not much took place on Friday and for the most part, that was the case. Some activity later in the day may be defining in terms of this week’s direction however. After reaching DR-1, Price Action (PA) beat a hasty retreat but surprisingly, failed to […]
G’day Surfers – well, we got the bang but it came too late!! Yesterday’s Report Expecting major movement from the 1.3285 DCZ confluence with multiple trendlines, I faced yesterday with keen anticipation. You see, in Australia, it isn’t holiday time! UK morning session was nothing more than a continuation of yesterday’s consolidation…in Europe it IS […]
