G’day Surfers, you can’t beat bad luck! Yesterday’s Report We spotted an opportunity to trade the break of consolidation and were taken into a Short, looking for a test of our older Support Trendline TS1 & DS-1. A very ill timed comment out of Germany created a spike in the opposite direction, after we had […]
G’day Surfers – welcome to Wednesday. Yesterday’s Report Price Action found some great support around our Daily Critical Zone & Support Trendline area and bounced 100 pips without offering a trading opportunity for us. On the retracement of this move we saw an opportunity to take the next phase. Unfortunately, the signal timed out prior […]
G’day Surfers – “ask & ye shall receive”. Yesterday’s Report I was asking Price Action to retrace to my preferred Support Trendline: mission is accomplished. I was looking for a re-test of this substantial Support Trendline, prior to looking for a Long entry. A less reliable Trendline provided an opportunity to catch a premature continuation […]
Happy New week Surfers Yesterday’s Report The NFP numbers produced some erratic behaviour as EUR/USD firstly shed 70 plus pips before recovering 100 odd, finding Resistance at the convergence of our Long Term Resistance Trendline and much longer term Daily Critical Zone at Psychological 1.3700 level. Technically beautiful when you consider the week began at […]
G’day Surfers, wow – was that January I just missed?? Yesterday’s Report Still no pullback but EUR/USD rested yesterday, the Bulls effectively regaining energy with a 53 pip range day. Simply impossible to trade the cross for our strategy at present as the necessity for a retracement increases. The noticeable lack of Resistance sees Price […]
G’day Surfers – how high can Euro go? Yesterday’s Report No surprises yesterday as EUR/USD continued it’s surge Northward, piling on another 100 pips. No way for us to put any of those in our a/c because our strategy calls for the “heat” to come out of the buying prior to entry. No pullback = […]
G’day Surfers – hope the wounds have healed. Yesterday’s Report We copped it yesterday, on both strategies! Despite our analysis telling us almost exactly what Price Action dished up, EUR/USD led us a merry dance. An old favourite Secret Surfing The Pips Candle Pattern developed at one of our Hotspots so we had no hesitation […]
Happy New Trading Week Surfers – No surprises as Bulls stand down. Yesterday’s Report You didn’t need to be Einstein to recognise the need for EUR/USD to cool it’s heels after Thursday & Friday’s run at a 12 month high. There’s an interesting parallel relating to that, occurring in front of our eyes (more on […]
G’day Surfers Yesterday’s Report No trade on Friday as usual. Nice to see how price action is finding resistance exactly on our Daily Critical Zones. Our horizontal daily lines. Beautiful! Technical Analysis Clear No Long No Short situation. Trend is bullish on almost every time-frame except the super small ones. Impossibile to short this beast […]
G’day Surfers – There’s something about Thursdays……… I have a confession to make: The Sandman made me some pips! Yesterday’s Report This is a tough one to call guys……let me explain: Last week we placed an order on H1 and some subscribers were confused by our strategy of closing orders after 4 x M30 candles, […]
