Asia Currently: There are no setups on any time frame. With the USA being the only major market open today price has not moved significantly and thus the indicators are messy and offering us no real advantage. We will wait for the MAS on both the 15 minute chart and 30 minute chart to get lined up in the same quadrant BEFORE we are interested in entering a trade.
London Possibilities: We will wait for the MAS on both the 15 minute chart and 30 minute chart to get into the same position and then look to set if we are at a key price level or have a Runway trade setup. We are carefully watching the 1.5380 area for a double top.
For more specifics on the trade setups we use to catch these market moves sign up for the Free LIVE Training at www.forexactivetrader.com.
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