London Open Tactic

Sunday, December 15, 2013 7:42 PM

The London session has the largest range of pips in the day out of all the major sessions.
The lion's portion of the daily range is put in during the London and New York session.
It is possible to establish an intraday position and catch the "London Express." This is essentially the daily range and quite
profitable.
Our goal is to buy from the low of the day or short from the high of the day and hold for the entire London session and
possibly into the 18:00 GMT hour.
You can scalp the London session, but it is best traded with a swing trader approach as it presents enormous pip potential
intraday.
The London Open trades can more than pay for the small losses you will no doubt incur as a trader. Capitalize on it!