New Day Movements

Posted on Wednesday, March 17th, 2010 at 5:54 pm.

As you may have noticed when the day candle closes, at midnight GMT, there tends to be quite a move. I’m not really sure why this is as the currency market is influenced by every other market in the world as well as the other currency pairs so there is not one answer to this question. However, I have noticed over the past little while consistently when the new day begins in GMT there tends to be a nice move for quite a few pips. If you are there and on top of things you could take a nice quick trade and make a little money for yourself.