Disliked{quote} IF there is a peak maturing at 12 pm NY & there after PA leaves a peak around NY evening, this would mean the entire liquid has been driven towards North.. In other words they enticed people (Americans in this case) to buy, buy & buy.. Now someone needs to hit their SLs, right? This is not always the case, but, this is one way how I analyze.. Sometimes this pattern can occur several times in a week/fortnight.. around the same levels..Ignored
Either this should bottom out within an hr (i.e. by London morning) OR by NY morning IMO. Then in the US session, they will hit these sellers & amaze Americans.. see here we are @ 1300.. you wanna buy again?
I am not always right.. but this is how I think it works..
This biz is about hitting SLs, IMHO. IF you can buy/sell when SLs are hit in right way, you can become millionaire in no time..
Hello World!