Looking at the action on the USDJPY, it appears that the Japanese session is kicking in full gear here... I know that there has been a lot of talk about when the opening times for the yen pairs should be...
I'm here to ask, after all the observation in the past that you guys have done, what are the opinions from the people on this forum about the opening time for the yen pairs? If it had been at 00 GMT then the most recent IB would have been caught for that short... however if we have the 6 GMT as our day start then the IB was invalid b/c it was above the days open..
Also, today is Sunday so maybe that has something to do w/ the action at this time along w/ the japanese session? Thoughts?
Pred
I'm here to ask, after all the observation in the past that you guys have done, what are the opinions from the people on this forum about the opening time for the yen pairs? If it had been at 00 GMT then the most recent IB would have been caught for that short... however if we have the 6 GMT as our day start then the IB was invalid b/c it was above the days open..
Also, today is Sunday so maybe that has something to do w/ the action at this time along w/ the japanese session? Thoughts?
Pred