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Re: Triple_Crown post# 99842

Friday, 06/22/2012 7:26:31 AM

Friday, June 22, 2012 7:26:31 AM

Post# of 140146
GM TC..one never can know for sure how the openings of various markets may effect currency pairs.When Japan opens there are times that wild swings can take place and brokers get accused of running stops in both directions but at other times it will put you to sleep.When London opens the injection of massive liquidity means serious price movements but direction of moves cannot be known beforehand...sometime they reverse all pairs and sometimes they may stay with Japans direction for a while.Around 4AM my time when Japan closes there is often a direction change but not always.Japan/London overlap is a powerhouse time as is the London/New York overlap.
If your charting were MT4 there are several custom indicators that color the open times of various major markets but I dont know if it can be found for marketscope.
Wish I could be of some help on your questions but unable to give any firm expectations on price movements in conjunction with market openings.

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