G’day Surfers – What a Wonderful Wednesday – it Was. Yesterday’s Report We had to be patient but the wait was well worth the effort. Price Action (PA) bounced between Daily & Monthly Pivot for the majority of yesterday before breaking Long, taking not one but TWO of our Intraday Trades with it. With […]
11 September 2013 | Free Daily Analysis | EURUSD : PLAY OF THE DAY NETTs PROFIT
G’day Surfers – Mixed Market, Mixed results. Yesterday’s Report Mixed fortunes yesterday as we “took one for the team” prior to winning the “main event”. Price Action (PA) supplied an early (prior to Daily Pivot test) invitation for us to play the Long we sought – we accepted and paid the small “toll” – […]
10 September 2013 | Free Daily Analysis | EURUSD : BUY, BUY NOT BYE, BYE
G’day Surfers – BOUNCE, it did. Yesterday’s Report Somewhat prior to my expectations, EUR/USD answered yesterday’s “Bounce or Bye Bye” question with some spirited buying on a very positive day for the cross. Attempting to catch a Short to accommodate a Daily Pivot (DP) test, I was left with no entry and a sore […]
09 September 2013 | Free Daily Analysis | EURUSD : BOUNCE OR BYE BYE?
Happy New week Surfers. Yesterday’s Report An 84 pip bounce off our 1.3115 Daily Critical Zone (DCZ) after the NFP announcement, virtually sums up Friday’s market which, predictably, was a lacklustre day (apart from the News flourish). Technical Analysis With all the events of last week now behind us, Technicals should be back to […]
06 September 2013 | Free Daily Analysis | EURUSD : BULLSEYE!
G’day Surfers – Target hit & 100% again! Yesterday’s Report We’ve been calling it all week (this from Tuesday: http://clip2net.com/s/5Hsr63 ) and finally, the Market sprang to action and rushed to our 1.3115 Daily Critical Zone, right beside the confluence area target. I hope you managed to find a way to profit from it. Our […]
05 September 2013 | Free Daily Analysis | EURUSD : FAIR DAYS WORK…..FAIR DAY’S PAY
G’day Surfers – tough but profitable day at the office. Yesterday’s Report I’m almost exhausted after the market made us work very hard for our money yesterday – but we were rewarded. A 30 pip range through Asia, UK & half of US Session finally broke, taking us with it. We were well prepared for […]
04 September 2013 | Free Daily Analysis | EURUSD : LAVA MARKET
G’day Surfers – wakey,wakey Market! Yesterday’s Report For the third day in a row, there was NO MARKET yesterday. EUR/USD was again, completely untradeable, ranging 58 pips and closing 31, below its open. Our attempt to play the Daily Pivot (DP) test was totally ignored by Price Action (PA) and our capital remained safe. Technical […]
03 September 2013 | Free Daily Analysis | EURUSD : EURO APPROACHES CRUCIAL LEVEL
G’day Surfers – back to business. Yesterday’s Report US & UK Bank Holidays become ours as well and yesterday’s 43 pip range on EUR/USD was once again a perfect example of why. Edge up through Asia session, sneak down in UK, then flatline for the rest of the day. Not for us. Technical Analysis […]
02 September 2013 | Free Daily Analysis | EURUSD : LONG WEEKEND
Happy New Week Surfers. I do hope you had a wonderful weekend. We are still enjoying an extended break, due to the Labor Day Bank Holiday in USA/Canada. As always when US and/or UK Banks are closed, the markets tend to display poor liquidity and unpredictable volatility. We’ll avoid those undesirable conditions and begin NFP […]
30 August 2013 | Free Daily Analysis | EURUSD : PROFITS BANKED
G’day Surfers – No Pullback! Yesterday’s Report We didn’t have to wait long for our Swing & Relax target to be hit yesterday – always nice! The EURO sale continued with unusual Asian exuberance, leaving us waiting for a pullback towards an untested Daily Pivot – it didn’t happen. A painful day in fact […]