The European or London session starts around 8am GMT since the eastern Europeans would have gotten part of the momentum going already, this is the London session advance.
The market generally not have any time to do any fakes and would quickly move in their intended direction very quickly and decisively. Each time you see the patternemerging, all you need to do is quickly get into it and ride on it. Never forget your stops though just in case you’re wrong about the whole thing.
Always bear in mind that you should lose little when you’re wrong but you want to make as much as possible when you’re right. That’s how you start getting yourself on the profitable side of things.
The European session the best because that’s where most of the trading liquidity and volume is. At the end of the day, trade whichever session you enjoy and profit from the most trade.
Posts
0 comments :
Post a Comment