G’day Surfers – let’s just start the week again, shall we?Yesterday’s Report Clearly NO-ONE turned up for work in London or New York yesterday as EUR/USD was simply NOT HAPPENING & COMPLETELY UNTRADEABLE. Our Pattern detector was sent into a frenzy as first one & then another candle pattern would appear in a totally […]
Happy New Week Surfers Yesterday’s Report EUR/USD hit the afterburners on Friday, launching itself into the “Blue Sky” we flagged last week. After a predictable struggle breaking through “the atmosphere” of 1.2908, acceleration Northward continued toward the psychological 1.3000, falling just short of that number, at week’s end. It being Friday, we protected our […]
G’day Surfers – how’s the long weekend going? Yesterday’s Report Another post US/Pre Asia move (this time Bullish) combined with the Thanksgiving Holiday, ensured that we we not be trading yesterday. London Session produced a little early low volume volatility before eventually breaking the new high by 30 pips but what a risk to capture […]
G’day Surfers – Wow, what a PULLBACK! Yesterday’s Result I suggested yesterday that London traders would be scratching their collective heads as they primed the computers ready to face the day, post a substantial EUR/USD sell-off whilst they slept…….STRIKE 1. I further suggested that we would face a morning of consolidation……STRIKE 2. It was clear […]
G’day Surfers, it’s choppy but tradeable. Yesterday’s Report We needed to stay on our toes but we tip-toed away with the pips yesterday as Price Action led a merry dance along our Resistance Trendline before breaking North, taking us with it to a new high. Our sentiment was Bullish and we spotted a nice […]
G’day Surfers, it’s choppy but tradeable. Yesterday’s Report We needed to stay on our toes but we tip-toed away with the pips yesterday as Price Action led a merry dance along our Resistance Trendline before breaking North, taking us with it to a new high. Our sentiment was Bullish and we spotted a nice […]
Happy New Week Surfers – not much has changed I’m afraid. Yesterday’s Report Our “No Trade Friday” produced the biggest Daily Range of last week with 94 pips of Price Action, dragging EUR/USD back into the middle of the consolidation range. The attempt to break 1.2800 from Thursday, squashed for the most part before […]
G’day Surfers – Patience + Procedure = Pips. Yesterday’s Report Price Action confirmed yesterday, the bounce off 1.2677 for EUR/USD was meaningful. Without clear direction after some time spent in consolidation, we were prepared to accept what Price Action delivered at either of our Hotspots. Delivery was twofold, first at our “Plan A” Support Hotspot […]
G’day Surfer’s – still awake?? Yesterday’s Report At the high risk of sounding boring – EUR/USD stayed firmly entrenched in a near two week old range of a mere 130 pips. Outside of a spirited short lived buying frenzy in late NY Session, it was a less than 60 pip trading range yesterday and […]
G’day Surfers – it’s choppy out there. Yesterday’s Report EUR/USD continues it’s serpent like slither in a very tight range, making trading a hazardous business right now. Certainly our ‘A’ Signals were struggling yesterday to find acceleration points. The crucial 1.2677 level continues to dissuade Price Action from passing yet draws it nearer, as […]
