Posted by: joetradingplace | March 1, 2013

Yearly Open

Notice how price reacted off the yearly open as we expected…yearly open is very significant level when trading, its worth keeping an eye on. Watch the gbpjpy trade we took this morning, price was bouncing off the yearly open.
Yearly open is very signficant just as the yearly high/lows, add them to your tools of trading and you will see a huge difference in your perfomance.

Audchf

audchf 01-03

Gbpjpy

gbpjpy 01-03

Eurnzd

eurnzd 01-03

 

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