Tuesday, January 20, 2015

London open set ups

Different day same simple ideas:

- Failed move in one direction in and around London open usually gives a move in the opposite direction a high chance of success
- A test, or break and test of the range
- Agreement between pairs, here gbp was strong across the board.

This morning moves lower failed, most pairs moved up and gave agreement that is trading above their 100lwma's and made higher lows.


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