Is A Reversal Coming?

Join Renowned Trading Instructor, Hubert Senters, for an exclusive lesson as he explains his best method for spotting trend reversals and breakouts.

Don't get caught flat footed by the next market reversal. Join now and learn how skilled traders can benefit from upcoming voalitility.

Hurry, this session starts soon!

Join Now

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.

GBP/JPY SELL

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:

If you’re struggling to become a consistently profitable trader, learn how to trade Forex personally from James Edward, a top hedge fund manager & Forex educator for over a decade. He will teach you exactly how the pros approach the market differently compared to amateur traders.  Get a free, 90 minute interactive Forex training with James right now!

Pin It on Pinterest

Share This

$7 Options Master Strategy

Check out trading tycoon, Serge Berger, as he reveals the master of all options strategies below.

green

Watch Now

Get Our Free Daily Trading Videos

Delivered To your Inbox

By submitting your information you agree to our Terms of Service and our Privacy Policy