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Frankfurt and London went well.
Today the video is for the American and Canadian friends.There are nice opportunities in New York open as in the European morning. They are just a little bit oversensitive in the fundamentals,lol
Watch out for a divergence trading in Dow OPEN APROX.
Everyone who took the suggestion and searched the opportunity for the divergence trading, must be now in aprox +40 pips.In 50 close half position and trail the rest with 20 pips until 1.4460 were you may close the trade.
I have lost 20 pips in Frankfurt today.So I was waiting the New York Session to take it back.Price breakout short at noon Greece time and retrace to hit yesterday high and some more.
A divergence in higher time frame formed like the one I told you yesterday.
So I trapped the pair a few minutes before DOW open below the previous low.
Lets watch what happened in the:
youtube video forex scalping 10 9 2009 DOW Bell
Frankfurt and London was choppy but I have managed to take 17 pips from the divergence signial I got in the Frankfurt open.At 7.20 EST I gave a short while price pierced my breakout box to the south.I have hold the trade but price action was choppy and decided to close it at breakeven when I saw a triangle forming before the DOW open.So I have trapped the triangle in order to get the momentum trade of the DOW .See the rest in the video.
My one hour trading system gave a short signial.That means that next days we might see euro going much lower.This is an auxiliary tool since I scalp what I see away from news with traps mainly.
Frankfurt initially was choppy and anemic. My traps triggered after the first half hour and the currency entered a nice 00 battle. See the rest in the video.
Linear Mode
