LamarW111

Strategy behind me going short for the London Session

Short
CAPITALCOM:GBPUSD   British Pound / U.S. Dollar
Due to the London session being where the market starts to make its moves, especially at the start, I decided to trade against the trend as there have been sell stops building and in the last hour, I have gathered that there have been a lot of bearish signs, for example, long wicks, indecisive candles and imbalances in price action, especially when analysed on lower timeframes (15m or lower)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.