channel trade 16th Aug

TVC:UKX   UK 100 Index
We seem to have this phenomenon developing recently where if there is a gap overnight then the opening session will push in the direction gapped, rather than filling. I intend to find or do some historical analysis on this soon. I've got tired of how bad MT4 is; I don't think that my brokers help with their lack of historical data. So I switched from MQL to ninja so need some time to figure that out and learn the code.

5min bar break up worked. We haven't breached the 8-9am range yet. There doesn't seem to be any literature on why the market moved straight into overbought before 9 but I shorted the devil out of it when it did. I'm still short.


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