An interesting session where we started with the GBP/AUD picking up from the morning forex session where focus had been on this pair along with the AUD/JPY on MT4/MT5. And as the US session opened, a pullback developed against the trend. For index futures it was a case of patience for longer term intraday traders following the initial move lower triggered by concerns over the US/China trade deals which continue to rumble on. In such price action for scalping traders it’s time to move to the fastest charts of sub minute such as the 15 second on NinjaTrader and which reveals the potential trading opportunities. It’s a question of being quick on your feet, in and out, but the trades are there if this suits your personality!
Leave a Reply