G’day Surfers – apologies for the missing screen captures – a software issue cannot be repaired so there are some images not transmitting. Yesterday’s Report Boring? yes. Tough to trade?, certainly. Yo-yoing, you bet. Revealing, quite possibly. EUR/USD inched it’s way below Daily Pivot (DP) yesterday, taking out a couple of Lows as it went. […]
G’day Surfers – nice start to the week? Yesterday’s Report I was looking for Short entries yesterday but put pips in the bank trading Long. With long term Support broken, EUR/USD was under pressure (again) yet once more, the cross has fought its way back above that level. The small Ascending Triangle http://clip2net.com/s/55YxAc provided […]
Happy New Week Surfers. Yesterday’s Report No surprises that EUR/USD lost more ground on Friday, given the pullback that was delivered on Thursday and the break of our Long Term Support #1. Price Action (PA) failed to sustain momentum below 1.2800 however and we begin the week with PA pulling back towards another retest of […]
G’day Surfers – ready for the weekend? Yesterday’s Report Consistent with the need for pullback yesterday, Price Action broke consolidation to the North, stopping beautifully, on our Resistance Trendline #1, where it turned immediately, bound for another test of the long term Support #2. Twice we tried to catch the rally, with only our second […]
G’day Surfers, still slow & steady. Yesterday’s Report Fall, Support, Rally! That’s the simplified version of EUR/USD’s “repeat performance” of Tuesday’s action but again, only 34 pips were shed when the day was done and the gradual decline for EURO continued. We were keen to get Short but were looking for a Daily Pivot test […]
G’day Surfers – No crash YET but EURO sliding. Yesterday’s Report EUR/USD resembled the leaves of Autumn as it fell 60 pips gently yesterday, but not before Price Action (PA) attempted to revisit 1.3030. Perhaps the action of a dear friend about to embark on a “holiday”? We saw both the rally AND the fall […]
G’day Surfers – hope you’re not holding your breath for the market to move! Yesterday’s Report Only some retail sales news from the US had the power to produce movement in EUR/USD yesterday. At just 47 pips, that movement was hardly cause for celebration despite it being the day’s ONLY “highlight”. We had multiple Surfing […]
Happy New Week Surfers – the Stars have aligned! Yesterday’s Report Having rejected “life” above our Daily Critical Zone (DCZ) Range between 1.3115 & 1.3030, Price Action (PA) spent the first half of Friday just inside the Range but has since sampled conditions below. Technical Analysis Just like it’s astronomical counterpart, an “eclipse” of […]
G’day Surfers – here we go again. Yesterday’s Report I have no idea why I’d be surprised but EUR/USD failed to sustain my personally imposed exile from the now extremely monotonous 1.3115/1.3030 Daily Critical Zone (DCZ) Range. Perhaps through wishful thinking, yesterday appealed as an ideal opportunity for the recommencement of the cross Trending to […]
G’day Surfers – how did you rate on the “Wisdom Scale” ? Yesterday’s Report Plenty of action for us yesterday but some tricky maneuvering required to get some pips. We placed a Short order in our Live Trading Room AND a Long when the very next candle produced a second Surfing The Pips Secret Candle […]
