G’day Surfers – See Saw INACTION continues. Yesterday’s Report Given last Friday was NFP Day, you would have expected Monday’s Trading Range to be less and it was @ 88pips, compared with 124. The compression continued yesterday with only 64 pips of travel. Total absence of a market early, gave way to a single rally […]
Happy New Week Surfers. Yesterday’s Report With the fireworks of last week behind us, London took the day off yesterday, to celebrate May Day. The market rolled on of course but we choose not to trade when either London or New York don’t to avoid the added unpredictability that low liquidity can bring. Technical Analysis […]
G’day Surfers, Just a quick reminder that we are not trading today due to the May Day Holiday in the UK. With London Market closed, expect poor liquidity & unpredictable volatility. Surfing the Pips normal services will resume tomorrow. May 7th. Enjoy your day. The StP Team
G’day Surfers – first no movement…..then kaboom. Yesterday’s Report As expected, once the News announcements began, so did the fireworks. We made a couple of attempts to get in and out of the market prior to the volatility Ortder #1 timed out but order #2 was catapulted into the market and driven to TP1 by […]
G’day Surfers – How did we miss? Yesterday’s Report Sometimes the Crystal Ball can be in sharp focus and the market simply won’t yield a pip. For me, yesterday was such a day as Price Action (PA) followed my template as though tracing it http://clip2net.com/s/50oXQo . Yet apart from an imperfect setup prior to London Session (our […]
G’day Surfers – Knock three times & door opens! Yesterday’s Report The day could have played out a little better for us yesterday – but not by much! Price Action (PA) followed our script (Daily Brief) almost to the letter http://clip2net.com/s/5097NH , save for a slightly premature “launch”. A timely Surfing The Pips Secret […]
G’day Surfers – they’ve tried the Bottom……..now for the Top! Yesterday’s Report We anticipated EUR/USD breaking the Continuation Flag http://clip2net.com/s/4ZQh1Y to the North yesterday and were hopeful for a second test of Daily Pivot (DP) to facilitate an entry. No such opportunity arrived, the break occurring early into the session, without warning. Not surprisingly, the […]
Happy New Week Surfers – indeed the biggest of the Month. Yesterday’s Report My expectations were to start NFP week somewhere outside the near Month long “residency” between 1.3030 & 1.3115……..WRONG! Despite “straying” for a few days last week, EUR/USD once again, fought it’s way back above 1.3030 on Friday, which is best described as […]
G’day, Surfers – The News giveth after the News taketh away! Yesterday’s Report You had to be on your toes again yesterday but it paid off, if you were. Second candle into London session, setup a Long for us but Red news dictated we close the not triggered order, prior to the announcement. some brisk […]
G’day Surfers – Range broken…….True/False? Yesterday’s Report First up High Impact News set the market alight yesterday as firstly good news was released from France & 50 pips were scaled rapidly. Then, in the twinkling of an eye, the 50 pips were obliterated just prior to the German news, a further 50 disintegrating thereafter. Huge […]
