During the last few weeks that I've studied and tested this system, I've noticed that the official London open time (7:00 GMT) is not the best time to get in the market as the first move of a swing has usually already started at around 6:30 GMT or in some cases, 6:00 GMT (Frankfurt open). The start of the trading day is something that is an integral part to this and for any other smaller timeframe intraday strategy. Am I alone in this or have others noticed a similar thing? Furthermore, does anyone have any suggestions as to what should or could be done about it? Starting a little earlier would be fine, but when exactly? I would be glad to hear your thoughts on this.
Chris
Chris
If you don't risk, you don't ever have to lose.