G’day Surfers – NFP week has been conquered! Normally a tough week for trading, NFP week continues to produce pips for both our strategies. Yesterday’s Report Not 100% to our script yesterday but pretty close and we bagged the pips with a lovely Short Trade that was technical artistry. Rather than give us an entry […]
G’day Surfers – it’s a hard slog, but there’s pips in progress. Yesterday’s Report EUR/USD refuses to run and continues to bounce off nearby Support or Resistance. Such was the case again yesterday as a promising break of our consolidation rectangle lasted only as far as DR2. That would normally be a good thing but […]
G’day Surfers – EURO turns under 50! Yesterday’s Report What a dreadful day for trading yesterday delivered. Forty nine pips of range says it all: – IMPOSSIBLE to make pips! We spotted a nice setup for a potential Long entry but the market lacked the energy to approach, much less accelerate through our entry. With […]
Happy New Week/Season Surfers – hibernation over! Yesterday’s Report The only word apparent on London Session trader’s lips appeared to be SELL, as EUR/USD crashed further, to a two month low of 1.2966 before somewhat of a late rally saw the cross close the week at 1.3021. It being Friday, we did not trade. Technical […]
G’day Surfers Yesterday’s Report We took some pips playing the break of trendline #1 . We took the trade using our Swing&Relax strategy on a H4 chart. The false break-out of that rectangle was one of the reasons. Other reasons are secret Technical Analysis Price is still inside this consolidation rectangle. The rectangle is nicely […]
G’day Surfers – it’s a yawn fest! Yesterday’s Report They took their sweet time about it but finally, the Bulls wrestled control of the market confirming our suspicions that Price was not ready to continue the Crash. We attempted to trade our Plan which called for a false break of the Support Trendline we had, […]
G’day Surfers – all quiet on the trading front – but why? Yesterday’s Report When NO Hotspot was evident on my charts yesterday, I envisaged a quiet trading day – I got one! Spike to spike, the records will indicate a 103 pip range but trading was confined to within 70 pips and a doji […]
G’day Surfers – did you wave EURO bye bye? Yesterday’s Report I was expecting EUR/USD to rally a little before crashing yesterday BUT, not as strong a rally (100 pips from London open) prior to the fall. Indeed you could argue that the big sell off came only as a result of the Italian Election […]
Happy New week Surfers – my humble apologies for the late arrival. I’ve had plenty of time to mirror the market but here’s how I saw it 3.5 hrs ago…… Yesterday’s Report A 100 pip doji day would suggest a relatively non eventful end to the week but from my perspective, the close below the […]
G’day surfers – are we there yet? Yesterday’s Report Week three of the EURO sell off continued yesterday with another 90 pips disintegrating. Of greater significance is where the day concluded – right on the last Support! The seven month old Support Trendline #1 is currently being tested and is absolutely crucial to EUR/USD’s immediate […]
