End of day yesterday we wanted the price to find support and give us at least 3010 on the bounce, which it did and surpassed. Our indicators are suggesting caution so we're going to play defence here, hence the bias!

For today, we may experience some choppy price action, so red boxes and levels should guide

Easy pips on the indicators💥

Quick update: As mentioned this morning, we're at a pivotal point on the chart, if it breaks above it will go for it. Currently being supported by 10MA on the daily hence but if we break, we continue that move downside as per the KOG Report. We've had a good 400pips move yesterday point to point, we've longed twice already, into 3010 then 3025. Now is the time to monitor this move, it's accumulating and preparing, let it make the breakout!

See you tomorrow.

Price continues to range and accumulate so caution is being played while we await a break out.

When price is ranging:

Don't get used to it, they do this intentionally. They will play the range, get your confidence up until you start increasing your lots sizes, then they'll move and if you're in the wrong direction, they'll take back everything you make and more. When you have a decent day on the markets, don't try and force a trade, your next trade needs to be even more precise than the last one. A mistake traders make is think to themselves, yesterday I made $100, today I can afford to lose $50 and I'm still up. No, because if you lack the discipline to sit out and wait for an A STAR set up, you'll lack the discipline to stop losing when you get to $50.