Happy New Week Surfers, isn’t it a relief to have NFP week behind us once again? As always, we negotiated this week with caution and kept our capital intact. With a new week of course, comes new analysis and the first thing I note is that the poor old gap traders are struggling again […]

  G’day Surfers,   If not the date, the market is telling me it’s NFP week – lots of yo-yoing going on and consolidation is the name of the game. As expected, price action returned to the bullish channel and is once again, suspended mid-stream. Our sentiment can only be bullish, given the alignment of […]

G’day Surfers, believe it or not one month of the new year is now behind us and this Wednesday has realigned our pivots to correct bullish formation. Almost as a parting shot, price action fell vertically again yesterday, preventing us from entering. The shark formation we were seeking was almost there but no single candle […]

G’day surfers, well another European Economic Summit has come and gone and another lot of issues were discussed and problems recognised yet not many solutions to the mess into which Eurozone countries are firmly entrenched. I would really like to ignore these talks and announcements but to do so, would render me underprepared in my […]

G’day Surfers, great to be “back in the water” after what seems like an eternity away from the markets. Lots of distractions have been keeping me from my passion but board is waxed and ready to ride some waves. The very first thing I notice when doing my analysis is that the rally that began […]

Hi Surfers, we dedicated the last week to the fine tuning of the bran new site. There was no time for blog updating we are sorry for that. Today we come back and we have situation pretty changed. We left the EURUSD in a bearish channel and we found it now inside a superfast bullish […]

G’day Surfers,   The first thing I noticed about the charts when I opened them to begin this week’s analysis, was the doji on the Weekly chart. It really did seem to me that last week was definitely a bear victory. I guess it seems that every day is a bearish day lately!! If nothing […]

Hello Surfers, today is ML King Day and it’s bank holiday in the US, so for us it’s a no-trading day. Stick to the plan. Davide | Chief Trader

  G’day Surfers,   Well I must say that the StP trading room rode the perfect wave yesterday which was pleasing for 2 reasons. Number one of course was a positive 50 pips but for me the MORE pleasing aspect of the trade we took was the pure technical & clinical setup the market gave […]

Hi Surfers, +50 pips just made trading, what we use to call, a “Shark”  before the break of the lovely bearish flag in the charts above. What a great way to start the year! Davide | Chief Trader