G’day Surfers – Choppy, choppy! Yesterday’s Report The market was becalmed yesterday as the majors appeared in “preparation” mode, gearing up for the end of week major news announcements, culminating in NFP on Friday. EUR/USD refused to yield much at all, yet some clever Surfers took maximum pips on our first call. We saw two […]
G’day Surfers – they wouldn’t let us in!! Yesterday’s Report Almost as if following our script, Price Action (PA) swooped on Daily Pivot (Weekly as well) for a second time yesterday, before bursting back above our 1.3030 Daily Critical Zone (DCZ). The re-test of our former Resistance Trendline acted exactly as we suspected http://clip2net.com/s/5aAnaD but […]
Happy New Week Surfers Yesterday’s Report The Bulls celebrations were once again put on hold on Friday as sustained selling dragged EUR/USD back below 1.3000 before a late U.S. Session recovery put the 1.3030 Daily Critical Zone (DCZ) back in sight. As is always the case, no Friday trading for us. Technical Analysis It’s […]
G’day Surfers – magnet fails to attract but we got the pips. Yesterday’s Report It rarely happens that EUR/USD does not respond to the magnetic attraction of a combined Daily/Weekly Pivot but yesterday was such a rarity. We saw an opportunity to trade the expected Short to DP in our Free Live Webinar and placed […]
G’day Surfers – Duelling STP Patterns catch big move. Yesterday’s Report The market sprang straight into action yesterday, throwing up consecutive Secret Surfing The Pips Candle Patterns. The first was a Short signal that took some (depends on your broker) into a losing trade – others no trade. The second (next candle) was emphatic in […]
G’day Surfers – 100 down but Lows intact! Yesterday’s Report Asia opened – EURO crashed, then rallied. Europe opened – EURO consolidated, then crashed. That was pretty much yesterday in precise but to be fair, the 100 pip fall came largely on the back of a good Consumer Confidence number out of the States. I […]
G’day Surfers, welcome back! Yesterday’s Report Well, what can one say – Bank Holidays in both London & New York mean’t we took the day off also and a quick look at the market, vindicates that position. Absolutely no liquidity nor movement with EUR/USD ranging a mere 33 pips and becoming the second doji day […]
G’day Surfers – with both London & New York Banks on Holiday today, we are expecting extremely low liquidity & the potential for extraordinary volatility. For these reasons, Surfing The Pips will NOT be trading today. Normal services will resume tomorrow. Enjoy the extended weekend. Geoff Pyne CERTIFIED TRADER
G’day Surfers –amazing resilience…..again! Yesterday’s Report Despite multiple reasons EUR/USD had to fall yesterday, the cross responded to positive Economic News from both France & Germany, to firstly re-enter now familiar territory above our Long Term Support and then, above Daily Pivot. We saw the move coming and placed an order prior to London Open […]
G’day Surfers – what a ride! Yesterday’s Report It took a while to play out but the mixed nature of yesterday’s market manifested in a buying surge followed by the expected sell off to Daily/Weekly Pivot & beyond. An early opportunity to enter Short was ignored. We were patient and awaited a second Secret Surfing […]
