Thursday, April 22, 2010

Timing the Entry...Time it

Only 2 trades today, during the Euro session. GBP/JPY closed with small profit but that was not enough to offset the loss from GBP/USD. Apparently the concern over public debt has caused the pair to drop significantly from GMT 7:00.
Noticed that the reversal tend to start at GMT7:00, even though the trend might be showing strength in the trend.
Timing, timing, timing...

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