G’day Surfers – hope you caught the early wave, Yesterday’s Report Well, for us it was a classic case of trade what you see, not what you think. We were waiting for a false break of our Resistance Trendline, to give us a setup to “pinch” the pips on offer if Price Action pulled back […]
Happy New Week Surfers – Cards are dealt, let’s play! Yesterdays Report EUR/USD surged a further 132 pips despite some good economic data out of the States, to finish the week @ 1.3118. Whilst the weekly gain of 318 pips is by no means historic, it’s certainly a standout for Price Action of the past […]
G’day Surfers – wow, what a week! Yesterday’s Report Well, EUR/USD was granted permission to take off by the Fed and it took up the invitation. As intraday traders, we have been banished to the beach most of the week due to dangerous Surf in the form of an overbought market. Position traders who took […]
G’day Surfers, well I don’t know about you but was that good news – or bad? Yesterday’s Report You could be forgiven for feeling just a little deflated after the Red Robed Rulers ratified the ESM – kinda! I will leave it to others to analyse the wisdom or otherwise of the Court’s decision – […]
G’day Surfer’s – got the Longboard out? Yesterday’s Report Somewhat surprisingly, there was a bit of activity in the market as Price Action continued the Bull Run. With EUR/USD getting to the overbought stage, our ‘A’ Signals found a respectable Secret Surfing The Pips Candle Pattern in an attempt to trade the pullback to Daily […]
G’day Surfers – it could be a long week! Yesterday’s Report One full day’s trading, 24 x 1hr candles, 0 x 1hr candles of 20 pips or more!! Daily Range = 55 pips. Orders placed = 2, Orders triggered = 1: TP1 +6, TP2 -6 = Break Even. Order #2 timed out (surprise, surprise). […]
Happy New Week Surfers – Happy New Year Euro! Yesterday’s Report Yes, for the first time in over a year, EURO/USD burst through the upper limits of our Bearish Channel. The 250 pip bounce last Thursday, off the then Weekly Pivot, means we can finally state with some degree of confidence, that the cross […]
G’day Surfers – it’s THAT time of the Month again!! Yesterday’s Report If I was a fundamental trader, I would spend some time here analysing Super Mario’s announcement yesterday and pontificating over how the market has and will react to it…………I”M NOT! Trading yesterday was clearly going to be tough work as heavy hitters stayed […]
G’day Surfers, yo-yo week continues.Yesterday’s Report Price Action obeyed orders once again yesterday but forgot to slow down long enough to give us an entry. The power of the pivots showed us that Price Action would take advantage of the bungee chord and once again test the upper limit of our year old Bearish Channel. […]
G’day Surfers – how’s NFP week treating you? Yesterday’s Report Our Play of the Day saw it coming and as if following a script, Price Action once again rejected our Bearish Channel upper limit, bouncing straight down to Weekly Pivot, where it spent the night. Without an invitation to join the movement, we found “no […]
