092215 LondonOpen

At the London open, there were strong and weak currencies but none had any current momentum.

However, just 2 minutes into the session, we see this pattern emerge.

The GBP (red line) is weak and spiking down which indicates huge momentum happening in the market and the JPY (yellow line) is strong and spiking up, again indicating current momentum.

The steeper these lines are, the more momentum is in the market.


Even if you were slow to recognize the pattern and entered at the very worst possible time during this price bar, it pulled back some but not enough to stop you out and then went down 80 pips.

The trend actually continued further going over 133 pips in total today on this move.

Watch the entire video analysis below:

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