Reversal later than predicted but Session Times key

8 ביולי 2015

The reversal did not happen as early as perdicted, but the movement, correction and finally the reversal, were all linked to session times. Ideally using session times alone is not a good strategy, but they are significant and I am surprised so many intraday guys ignore them (possibly because they are a pain to calculate but now we have an indicator :-) ).