RCS Signals 90 Minutes into Lndn Open

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Movers & Laggers as at 6 am PST

Good signals and trades today but on the sideline as I avoid trading when several high impact news reports are cramped into a day and within hours of each other.

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Movers & Laggers as at 6 am PST

We also had EU and NU signals which have since disappeared when price pulled back, and was short on the EU from 2582. Waiting for factory order news release before considering any new trade unless the CAD forces my hand but no, I won't even allow that to happen as I'm leaving for my private devotion and will be back after the news release.

Cheers, and God bless

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Movers & Laggers as at 7.30 am PST

Best setups as per my engagement/entry rules for a HPT (high probability trade) were EJ & CHJ (CHFJPY) followed by EU & UCH (USDCHF) more based on Euro & CHF weakness than USD strength.

I overslept again and missed the action during the London session, as the movements were initially CT trades and not in agreement with my engagement rules. So I went to bed, and EU & UCH later recycled to align with my entry setup about an hour before commencement of the US session while I was deep in sleep but not to worry I did catch some few pips after the PMI release on the EU and will stand aside until the Asian session unless something interesting attracts my attention.

All trades are still CT and seem to have retraced to about the 38.2 - 50% FR level, and will be watching for a bounce or trend reversal. I'm an intra day trader and use both the M30 & H1 TFs as my bellwether and the M5 for entries. We get frequent pullbacks on the M5 for quick entries, low risk (small stop loss) and with a 10 - 20 pips profit target achieved quickly. We get even more pips when trading in the direction of the intermediate trend.

Good trading, and God bless

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