G’day Surfers – What a System!!

Yesterday’s Report

 

It must be getting boring to read but it continues to pay the bills…….picking off pips from tiny movements. Yesterday’s entry was a little tougher to spot but once again found the acceleration point and this time, we took 33 pips from the day’s meagre and indecisive range of 49 pips.

Technical Analysis

 

EUR/USD remains bound by a strengthening Bearish continuation Flag #1 whose Low, sits on a Fibo Support Level #2. These conflicting signals are contributing to the tight range in which the cross is trading. Pivots remain Bearish, as does my sentiment. A massive News day should ensure that this consolidation ends today but it might be tricky timing an entry. Like all good scouts – BE PREPARED .…….Hot Spots ready!