Wednesday, December 7, 2016

GBPUSD GBPJPY 7 Dec 2016

If I recall correctly it was Islander over at Forexfactory that put me onto the Frankie half hour reversal (half hour between Frankfurt and London open the yellow green lines) years ago. Thats the main start time that I look to get interested in GU/GJ.

3 bar reversal signals - Both pairs signaled buys 20 mins after Frankfurt open i.e. before the half hour. After that both tested the lows of their immediate range GU just below 1.2650 and GJ just above 144.50 and the 3 bar rev signaled sells GU off a multiple top and GJ a lower high.



No comments:

Post a Comment