good day traders,
I want to share a strategy that works well during the London session open:
here's how is works:
1. identify the daily market opening candle, which is the opening price for that day during Sydney session.
2. draw a horizontal line at the opening price for that day and wait for price to come back to that zone.
3.place your stop loss at the structure low or high respectively
this strategy can be effective in capturing potential reversals or breakout at the London session open. remember to always manage your risk and trade according to your own risk tolerance and trading plan.
happy trading guys!!!
I want to share a strategy that works well during the London session open:
here's how is works:
1. identify the daily market opening candle, which is the opening price for that day during Sydney session.
2. draw a horizontal line at the opening price for that day and wait for price to come back to that zone.
3.place your stop loss at the structure low or high respectively
this strategy can be effective in capturing potential reversals or breakout at the London session open. remember to always manage your risk and trade according to your own risk tolerance and trading plan.
happy trading guys!!!