Saturday, January 21, 2012

Weak US pre/early session

The post below refers to weak pre US moves.

We are very careful to trade against the overall trend and the trend of the day from weak pre/early US session moves. Small 1hr hesitation candles that feature on 5 min as small higher lows (in this case). They often fail and either have a 2b entry or lower high (in the case below in down move) to resume trend of day.

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