G’day Surfers – well absolutely no surprise that yesterday was a doji day. The market simply doesn’t know where to go from here. As we discussed yesterday, mixed signals were everywhere and price action played that out to the letter. Therefore, no safe entries into this mish mash. Today, the big picture is obviously quite […]

G’day Surfers – ready for some action?……….Yeah – me too! All we have seen since Monday’s breakout of 1.3285, is consolidation and a false breakout to the North yesterday. Price action is still consolidating into a continuation flag pattern, suggesting there’s still room to the upside. Interestingly & conversely to that, H4 chart is suggesting […]

  G’day Surfers – well we got our answer! Yesterday, I said the only question was “are they ready to break 1.3285”. As per the Daily Brief, they retraced to beyond the combined DP/WP, creating a beautiful runway, accelerated skyward, then hit the afterburners to crash through the atmosphere, that 1.3285 provided. Despite our crystal […]

Enjoy the Video Report Davide | Chief Trader

Happy New Week Surfers – hope your weekend was a beauty. Whilst we let the market fend for itself on Friday, there was some see sawing going on. First a 90 pip rally, then a 70 pip pullback, 60 pip rally, 30 pip pullback to leave us in lateral consolidation around the 1.3260 level of […]

  G’day Surfers, well how unlucky we missed TP2 on our Intraday Trade yesterday. It was a case of blink and you miss it and that’s precisely what happened to me. After being catapulted into the long trade and quickly securing TP1, I turned my attention briefly to something else only to refocus my attention […]

G’day Surfer, top of the morning/afternoon/evening to you. Well, what a boring old day yesterday turned out to be – luckly we had a most interesting evening! First, a mini move South,  the hint of the same North before wrapping up proceedings pretty much where they started, producing a near doji day. Clearly the market […]

G’day Surfers, welcome to my favourite trading day of the week. Everyone should be back at work, no immediate gap pressure to contend with and that Mondayitis feeling has gone away. Funny then, that it feels a lot like yesterday when I look at the charts……..haven’t I seen this somewhere before?? Well it’s certainly true […]

Happy new week Surfers. Well I must say the charts are looking extremely symmetrical when I take last week’s trading into consideration. The inverted head & shoulders we spotted on smaller time frames late last week combined beautifully with our long term support level, to produce the bounce that recovered the early week lost ground. […]

G’day Surfers, if you are opening your charts for the first time today, I trust they show that pips were mounting whilst sleeping with the beautiful Swing & Relax long trade on EUR/JPY. We had a classic StP setup in the shape of the Rhino, on a nice resistance trendline, after the recent cross of […]