Kiwi BOB

Good Evening / Morning Dynamic Traders

"Better to have tried and failed, than not tried at all"

Cross = NZD : 60min Chart (Posted Below)

My thoughts tonight are with an old footballing friend, lying in an hospice in Farnham. May your family be given the strength that you are showing. God bless you Bomber.


You will of seen from last nights post, we had the BOB at midnight and would have been triggered into a short trade at 0100hrs with our ESLT, for those that were awake at that time. This breakout provided 90 pips and would have produced any "Dynamic Trader" a tidy profit depending on your trading style and plan.

Price found support at a previous level before bouncing up to a fib breather level and has retraced some 40 pips since then. VI has provided air cover for the breakout.

The chart has now provided us with Convergence between the 3 lower highs and the corresponding MACD histogram.

Will we break the support of the low or move up through the VI, with big news items out tonight, plan your entry rules and watch closely after you have carried out your own analysis.















Courtesy of Advanced Get / E Signal

Trade with Passion

John Maher
Forex Analyst

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