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EURAUD - Yesterday's Cooking evolved

Based on yesterday's post which was posted in a 4HR chart but this analysis is done in the 1HR chart.

Our Story:

  1. Buyers at the bottom and a few Sellers, but buyers dominate

  2. Nice Plutus Reversal Long on the Break and up we go

First order closed at 40 pips (visisble on chart) because we have hit 50 Fib and second one still running.

This is the Magic of Speed Index. Enjoy!

Ok this is going to be the last post for the day, I am a bit tired annotating. I wish some of you guys can help out and believe me if you do that annotaing work your trading will improve because it forces you to think well before you write something.



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