Monday, January 19, 2015

London open set ups

Some of the simple ideas we use that occur regularly:

- 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 and eur were strong across the board.

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


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