⭐ Start off 2025 with a powerful boost to your portfolio: January’s freshest AI-picked stocksUnlock stocks

Hunting Out The Trades In The London Forex Session

Published 09/20/2019, 01:57 AM
Updated 07/09/2023, 06:31 AM
GBP/NZD
-

A thoroughly enjoyable forex session which ran well over time as we were enjoying it so much and as always plenty to talk about, explain and analyze. And in every time frame from the monthly to the minute chart, starting with the GBP/NZD.

There are many interesting aspects to this pair not least the monthly chart with a huge volume spike last month, and helping to propel the pair back to the VPOC and onwards higher and is perhaps the precursor for a breakaway from this extended congestion area and the development of a longer term trend higher.

An interesting pair to watch and trade for many reasons. Then we moved to the faster timeframes to dig out intraday trading opportunities using volume price analysis and the Quantum Trading indicators and tools on NinjaTrader and MT5.

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.