DislikedHi Clive, I know you trade the London open with your method , but do you also trade any other open and if so which ones do you recommend? sorry if its been covered before, cheers JonIgnored
If I could I would trade all the market opens. I think its fair to call FO and LO the same one as the same with Sydney and Tokyo then of course the best I find is NYO as 3 markets open together for 4/5 hours..So theres plenty of money flying around.. My whole theory is watching the 1 minute trends to follow the money as it comes to the table..
I'm starting to realise the actual money seems to come to the table about an hour or two after the official open time so well worth waiting for that initial flurry to subside then jump on board the strongest trender... If we look back over these market opens we can see where the runs generally start. Lookaat his 5 min chart of GBPAUD with no candles just the 100lwma and we can clearly see where the runs start...generally just after market opens of one sort or another..
GBPUSD much the same...
And again with GBPJPY..
So there you have it, all market opens are very useful times to be looking for large moves to start, just follow the money as it comes to the table....
Feel the Fear and do it anyway!!!