Good evening all.
Remember Asian will be returning tonight from their Bank Holiday.
There may be some profit taking happening across asia.
Wait for HongKong to open and allow for 15minutes of trading to commence to see if they are trying to establish a manipulative move or a continuation.
How do we work that out?
Focus directly on the open and how fast the candles move up and down….You will then get the feel for the move as to whether they will spike up to trap or continue with the move lower.
For forex, you are looking for Asia to make a move between 25-50 pip range…Anything above that in any forex pair, then its a manipulative move.
Any questions,
Just ask below
Mad Love
T
