Sunday, August 14, 2011

London Open head fake

I have long thought that if you can get the London open head fake right then you'll have a good chance of trading successfully. You have a chance of getting the direction of the day correct. That of course doesn't guarantee success, if you are using small stops you still have to get your entry correct.

I'll post a few charts from this week for eur and gu. They might have a few things in common such as a move around London open that reverses.

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