Why Does Price Usually Reverse Right After London Open?

Hello Sir,

Thanks for your reply.

Yes that’s true market is weird right now.

In regards my trade it’s ok I didn’t loose too much money my stop loss was very tight. And I m not very experienced in trading I started 10 months ago.

I m still learning.

But your books which I bought and your website gave me the direction what to look for and how to see the market. It takes little bit time to fully understand  and read your books & website article again  and again whenever i read again i got something new. especially pin bat and supply and demand artciles…and I m not full time trader I m self employed and I m slowly slowly leraning.

I have quick question have you ever noticed when London market open it makes high or low (depends on the price action) in first couple of hours and then reverse. I may be wrong but just need your opinion.

I m just wondering  do u have Twitter or Facebook where we can follow you.

And can I know what’s  your name sir.

Thanks again for your ebooks and website.

Have a great day,

My Response:

I have noticed that too, about the London open

The reason I think it happens, is because the bank traders want to make people place trades in the opposite direction to which they want to get their own trades placed. Why? So they have enough orders available for their trades to be executed.

You can often see a similar thing happen when the US trading session opens…

As for following me, I don’t have Facebook, Twitter, or anything like that, so it’s not really possible to follow me right now. It might be something I explore in the future, but at the moment, I’m just working on the site and getting more articles out there for people to read.

Hope this helps

PAN.

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