Happy New Week Surfers Yesterday’s Report The bungee week finally broke on Friday – the wrong way!. We had a Short S&R trade still in the market which achieved Free Trade status. The tough decision to close the trade (we don’t trade on Fridays) in profit proved to be insightful as the fuse to the […]
G’day Surfers – bungee battle ends in good win OR draw. Yesterday’s Report Well, what a day yesterday turned out to be as the bungee chord went into overdrive. First up, I spotted a nice acceleration point and was rewarded with a nice Short that travelled beautifully to target. The consolidation that had been […]
G’day Surfers – let’s start again! Yesterday’s Report After getting off to a flying start this week, trading was halted yesterday, by the Veteran’s Day Bank Holiday in the US. Surprisingly, the market was quite active and EUR/USD put in a 105 pip shift. A little more than half that was gain for the […]
G’day Surfers – nice, unusual Monday. Yesterday’s Report Most Mondays are slow and uneventful but I couldn’t say that about yesterday. In fact there was quite a bit of activity, producing multiple setups. Order #1 expired before #2 setup, both Shorts. #2 triggered but took sometime to deliver TP1, which formed a Long setup and […]
Happy New week Surfers Yesterday’s Report The NFP number on Friday was a little off forecast and the typical whip saw reaction settled into some USD selling and EUR/USD managed to erase some of the ‘damage’ inflicted by Thursday’s NOT well received ECB statement. The good news is that we are now free to trade […]
G’day Surfers – could have been better! Yesterday’s Report I mentioned earlier in the week that the market got a head start on us, preventing us from entry and sometimes that’s the case. Yesterday was almost like that but maybe we could have caught the crash that occurred later in the day, if I’d taken […]
G’day Surfers – no way in! Yesterday’s Report As keen as we were to bank some pips with the Flag break yesterday, EUR/USD had made it’s move, well prior to our working day. The selling that began in Asia Session continued through UK Session, until 1.2475, where PA commenced consolidation. The only setup was […]
G’Day Surfers – poor start to week. Yesterday’s Report I will need to consult our records but I don’t recall ever having to report a third consecutive loss before, but there’s a first time for everything and the market is boss. Our poor start to the week continued yesterday as we again ‘lucked out’, missing […]
G’day Surfers – they got us. Yesterday’s Report Sometimes it’s better to extend the weekend when the market has no idea and yesterday was one of those Mondays. We love to find acceleration points but yesterday, there were none and we paid the price. Two setups presented to trade counter trend Long but PA […]
Happy New Week Surfers. Yesterday’s Report The 1.2500 psychological level and 1.2510 DCZ were enough Support to stop the 300 pip week long fall on Friday despite a further 88 pips being conceded. DP was passed through and the session was yet another bounty for the Bears. Tehcnical Analysis 1.2500/1.2510 becomes the new […]
