G’day Surfers – YAWN! Yesterday’s Report Given the spattering of news from the get go yesterday, it was always going to be a tough assignment to bank some pips. We had a slight Bearish sentiment and thanks largely to bad PMI numbers out of France & Germany, the day certainly began in that fashion. When […]
G’day Surfers – you’ve got to hand it to the EURO! Yesterday’s Report Despite everything being thrown at it both from a Technical and Fundamental front, EURO stood tall and fought it’s way back from a precipice yesterday. Having begun the day dead on the last line of Support. EUR/USD clawed it’s way back to […]
G’day Surfers – Strange Days Indeed! Yesterday’s Report Very boring and untradeable London session as the trading world tried to make sense of the Cyprus crisis. News of the Cyprus Parliament’s rejection of the proposed bailout package got things moving but again – somewhat indecisive action. At day’s end, EUR/USD shed 75 pips and closed […]
G’day Surfers – ready for action? Yesterday’s Report There are days where the FX Market gives us very clear signals that scream at us “the market is Bearish” or “Sell when Price goes here” etc., yesterday was NOT one of those days. The big gap had a numbing effect on Asia Session and no direction […]
Happy New Week Surfers – it’s been great without it but it seems the BIG F is back – the FEAR Factor! Yesterday’s Report EUR/USD was cruising on Friday, having rallied a further 100 pips to the week’s high of 1.3102, repeating Thursday’s bounce off the week’s Low of 1.2910. Late U.S. selling was perhaps […]
G’day Surfers – more pips counter trend. Yesterday’s Report After some hard days when the keyword was only patience patience and again patience, the Pips party has started again in the SurfingThePips.com Team. Yesterday super short trade took us, for those with courage and exiting at the first support (and not closing at the standard […]
G’day Surfers – more pips counter trend. Yesterday’s Report Price Action delivered a nice candle pattern in a risky position first up yesterday – we placed an order Long but reduced our risk to negligible, recognising the potential for loss – which occurred. We then received a signal that the consolidation break was about to […]
G’day Surfers – almost the perfect plan & execution as Long targets hit. Yesterday’s Report We saw the opportunity to play the Daily Brief to the letter and entered Short. This was apparently a signal for the market to slow to a crawl and after some painstaking waiting, TP1 was achieved. The very candle that […]
Happy New Week Surfers Yesterday’s Report Financial Markets care only about one thing on the first Friday after month end – how many jobs were created in the previous month in the U.S. One day short of it’s anniversary since it last occurred – that number topped 200,000, when announced on Friday. Predictably, that put […]
G’day surfers – what a week it’s been. Yesterday’s Report The setup was awesome (see: yesterday’s brief) and the result technically perfect as EUR/USD bounced off our former Resistance Trendline confirmed the very strong Intraday reversal signals & stopped to the pip, at our Daily Critical Zone (DCZ). The first move went straight through the […]
