
Today we have got a nice setup at the London open. Let’s review the session and the review:
1. Weekly opening gap (See article). Sentiment on the Downside
2. Price approaches previous swing high after Frankfurt open and rejected after London Open.
3. MACD divergence
4. Price making lower lows, lower highs
5. Trendline broken
6. We wait for the price to get closer to the breakpoint level (retracement) and we enter short. Stop above the previous swing high.
7. Partial profit taking at +20 just in case the price reverses.
8. We close the rest of the position at the MACD divergence in the downside move.
More In trading for a living:
![]() |
|
![]() |
|
|
|
Learn the strategies you may need for profiting in Forex with 




[...] London Open = Making Pips [...]