Thursday, February 19, 2015

London open 19 February '15

I was not in front of the computer at all this morning so did not trade these set ups. This then is just another example of the London open test or break and test of the range.

Please see the range as per the red lines on the gbpaud and gbpnzd charts (their correlation works nicely) after London open (green line). Moves lower fail, clean AB move to break range, higher lows and agreement across pairs (see the euraud and eurnzd charts) which were above their 100lwma's and moving higher.




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