G’day Surfers – no change, we’re still sideways. Yesterday’s Report We suggested that consolidation was leading to congestion and the doji day that was delivered, backs us up completely. A near Ace saw 71 pips come off EUR/USD early in Asian Session, consolidation prior to London where, In pre-game warm up, we spotted an opportunity […]
Happy New Week Surfers. We depart 1.29088 this week – promise!! Yesterday’s Report Consolidation, 60 pips up, consolidation, 55 pips down was how EUR/USD spent most of Friday. We were more than happy to be otherwise occupied, safe in the knowledge our pips gained during the week, were at NO RISK. This relaxed approach is […]
G’day Surfers, lack of fundamentals – we love it! Yesterday’s Report Really enjoying the relatively quiet week on the News front, we took advantage of another technically correct day yesterday, to bag some more pips. Another classic StP Secret Candle Pattern at Resistance ensured brilliant acceleration through our Long entry & first take profit, giving […]
G’day Surfers – No Market, No Trend – No Problems!! Yesterday’s Report We traders complain ALL the time when the market flatlines – with very good reason……we can’t make money!! Yesterday was shaping as one of ” THOSE” days with no liquidity or purpose. Daily Pivot to the rescue, giving us both direction and target. […]
G’day Surfers – if we were a little unlucky last week, the coin came down shiny side up yesterday. Yesterday’s Report EURO was intent on continuing it’s Southerly trek as we began our trading week with sentiment in the opposite direction. After an 83 pip crash, we spotted an A Signal and entered long, banking […]
G’day Surfers – didn’t see that one coming. Yesterday’s Report Though markets were closed in both Tokyo & NY, those that DID turn up for work, were in the mood only to sell EUR/USD. I was expecting a very quiet trading day but it would appear the better than expected US Unemployment number has dampened […]
Happy New Week Surfers, QE111, “Surprise” 4yr Low Unemployment number……….mmmm……..must be an Election coming?? Yesterday’s Report Absolutely no surprise that EUR/USD flatlined pre – NFP data release and the forecast 114,000 new jobs had little effect on the market except to not hinder the resumption of the rally towards 1.3000. Indeed this historically significant level […]
G’day Surfers – bye bye NFP week! Yesterday’s Report Very much a case of so close yet so far for us. We responded to an A Signal by entering long – just a wee bit before our time. Price Action decided we weren’t invited on this run and recoiled to meet our stops. We were […]
G’day Surfers – Groundhog Day again!! Yesterday’s Report Once again, the market followed our instructions but refused to take us along for the brief ride. We spotted an early opportunity against our Bullish sentiment and Pivots, jumped onboard and to the pip, Price Action reached our first Take Profit before recoiling for its rendezvous with […]
G’day Surfers – we asked, Price Action delivered but way too slowly. Yesterday’s Report We wouldn’t have been holding our breaths, but EUR/USD performed exactly to our script by creating a false breakout of our Resistance Trendline/Channel top but it took all day & half the night to do it. Trading M30 Charts, that makes […]
