Hi,
I have held the belief like many that London opens at 4am est and NY opens at 9am est however after a years experience in the markets it seems to me that moves start an hour or even 2 hours before that time hinting to me that they are big bankers buying and selling in the office before the session opens is this the case? I am beginning not to pay too much attention nowadays on open false breaks as its in the daily cycle and I understand what is going on in the bigger picture.
I have held the belief like many that London opens at 4am est and NY opens at 9am est however after a years experience in the markets it seems to me that moves start an hour or even 2 hours before that time hinting to me that they are big bankers buying and selling in the office before the session opens is this the case? I am beginning not to pay too much attention nowadays on open false breaks as its in the daily cycle and I understand what is going on in the bigger picture.
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