G’day Surfers, skyrocket crashes back to earth. Yesterday’s Report On the back of GBP News, EUR/USD took off yesterday, like a skyrocket (something we haven’t seen for some time). Bad Retail figures out of the States kept the momentum going – briefly! ‘Gravity’ took over and whilst not quite as swift, the descent to take […]
G’day Surfers – I’m BAACKK! Yesterday’s Report Firstly my apologies for yesterday’s NON event contribution on my behalf. Technology is a wonderful thing – WHEN IT WORKS!! Computer & internet restored, I notice that the 1.3340 DCZ once again produced a bounce, this time (to date anyway) a lesser rebound than last weeks’ but […]
Happy New Week Surfers. Yesterday’s Report Some EUR/USD buying on Friday had the cross back above 1.3400 at the end of a week that saw a small recovery, just when the chasm below was about to open. It was the biggest day of the week range wise at 99 pips – now THAT’s more like […]
G’day Surfers – Still no way in. Yesterday’s Report They played our game to the letter yesterday but it all happened way too slowly. PA sought and found our 1.3340 DCZ before it turned and headed for home (DP). The Pip perfect test of DP coming into the evening CET, outside of trading hours. […]
G’day Surfers – size again the issue. Yesterday’s Report As expected, EUR/USD shook off the NFP hangover yesterday and resumed the Bearish momentum that has dominated for the past 3 months. A Bonsai version of a Secret Surfing The Pips Candle Pattern was the only warning PA gave, before the 67 pip sell off. The […]
G’day Surfers – Holiday Season?? Yesterday’s Report Tis the season to be Holi…….daying and that’s pretty much what we got yesterday. EUR/USD ranged 22 pips and showed signs that the sun tan was being worked on. Not even a thought of an entry was contemplated. Technical Analysis DP has edged a little further between WP […]
Happy New Week Surfers. Yesterday’s Report Poor NFP numbers breathed a little life into EUR/USD on Friday but the move wasn’t totalling convincing. The 60 pip News spike contracted to a 32 pip Daily gain as PA failed to re-test Thursday’s break of DCZ 1.3475. The small pullback was sufficient to create a near […]
G’day Surfers – no market pre NFP. Yesterday’s Report Without surprise, EUR/USD failed to perform yesterday, displaying total indecision in a tiny range. The reason: NFP day today. We didn’t entertain the thought of trading a market that was set to damage, not deliver!. Our S&R GBP/JPY trade remains well in profit as we prepare […]
G’day Surfers – Bungee Day with weak FOMC. Yesterday’s Report The recent Bearish Trend looked set to continue yesterday on the back of News from the States. Just as it looked likely to crash, EUR/USD rebounded to recover most of the lost ground. Again, our strategy spotted a Long setup but the DP test never […]
G’day Surfers – expectations become untradeable reality. Yesterday’s Report Blind Freddy could had a pretty good view of the Bearish “flavour” of yesterday’s market but only Hobbits were invited to party. We found an entry to catch the pre-sale runup in the day’s largest H1 candle (11pips) and duly found a TP1. PA immediately […]
