Henry Liu, how do you determine your market cycle reversal time in details? pls i would like you to give me a detail explanation
i watched ur nfp and market cycle reversal time video dated 2nd july 2009. i thing i don't get there is how u exactly determine the market cycle reversal time.in that video you used GBP/USD pair. is it the time when european market close or what.pls explain to me in details
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- henry
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- 10 months ago
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Market cycle is based on the open/close of markets where trading activities dies down and traders shift focus. This is a very commonly observed phenomenon, but just not many people are paying attention to it... During the U.S. session, usually the key events are the NY Exchange Open at 9:30am and the European market close at 11:30am. Market aren't likely to continue trending beyond these hours, therefore if the market has been trending up until then, expect some reversal to take place... |
