G’day Surfers – sorry for the delayed start to our trading week. The outlook for EUR/USD is quite different this Wednesday with the Bears wrestling control from the Bulls. Our ever reliable pivots gave us fair warning of this, having come together on Monday and then crossing yesterday, giving us a perfect Bearish bias. Indeed […]
Free Daily Analysis | Ranging Market
G’day Surfers – last trading day of our week and not much has changed since the market opened on Monday. We have been expecting price action to remain in a tight trading range and that’s precisely what has occurred (all Daily candles closed within a 100 pip band). As we prepare for our final […]
Free Daily Analysis | We Love Our Daily Critical Zones
G’day Surfers. Price action decided to test the support areas we spoke of on Monday & yesterday, breaking through the bottom of our bullish channel, before coming to rest on, you guessed it, our DCZ. It languished there until today’s Asia session during which it has recovered around 50% of yesterday’s move to […]
Free Daily Analysis | Still Making Pips Inside The Consolidation
G’day Surfers – day 2 into another NFP week and webinars are looking like news free zones right through until no trade Friday, when of course the major announcements take place whilst we relax. The old adage “No news is good news” may not be the case for us this week as the market […]
Free Daily Analysis | It’s NFP Week
Happy New Week Surfers, well……… it’s NFP and a big reporting week so it’s steady as she goes. Last week’s correction of the Euro has brought it down to the bottom of a bullish channel that has been forming since the beginning of the year. We are now confronted with the question “is […]
Free Daily Analysis | 2 Clear HotSpots
Hello Surfers, yesterday was a completely news driven day. The breakout in EURUSD happened exactly during the announce of the Consumer Confidence in US during New York session. We don’t trade the news and we’ll never trade them. We don’t like to wide stoploss and increase risk, we don’t need to trade when […]
Free Daily Analysis | Potential Double Top
G’day Surfers – hope all you eligible bachelors have taken cover & playing it safe on this once every four years day!! What a nice position to be in as the new trading day begins – free trading on Swing & Relax, with the opportunity to bag some pips risk free, if price action […]
Free Daily Analysis | Right On Top Of Todays #1 HotSpot
G’day Surfers – welcome to what normally would be the last day of February – you single guys better be careful tomorrow!!!! Well the market produced the expected pullback to DP yesterday and has since tried to rally again but is today, so far struggling to maintain northerly momentum. Price is in a critical area […]
Free Daily Analysis | 3 Days Without Test Of Daily Pivot
Happy New Week Surfers, I trust you rested well over the weekend and are ready for some chart action over the trading week. I’m going to say this veerry quietly ……..it looks like we may have a trending market with rally/retracement patterns on all time frames…….ssssshhhhh – we don’t want to disturb the pattern! […]
Free Daily Analysis | We ONLY trade after the 7 holy steps have been negotiated
G’day Surfers – how are you liking the marriage ceremony so far? Huh………….you know……….. Price Action and Daily Pivot!! The two have been inseparable for days now and the union seems determined to last. The explosion I have waited for all this week has not materialised – maybe today. Daily Brief is a little early […]