SuddenDeath
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RIO/BLT have been down about 3% RIO popped outside the bear flag
i'm long from 5629
target of S1 (now resistance) @ 5636
waiting for the 10am reversal.
Hong Komg closes in 10 mins.
The Hong Kong futures after the close may give the FTSE a kick higher.
48 magnet or what...
Barjon, or anyone for that matter,
I can't see the rationale for a 10am reversal, I can understand why it happens at about 08.30 after opening etc... and again around 2/2.30pm US opening etc.. buy why 10am?
Hong Komg closes in 10 mins.
The Hong Kong futures after the close may give the FTSE a kick higher.
bustech posted that when hong kong closes it can kick the ftse higher
Yesterday at dead on 10am Barjon came in, went short and said words to the effect "see the 10am reversal is in play again"
yep i said "great call barjon"
it was a great call, but I want to know WHY it was a great call. It obviously happens on a regular basis, not perhaps every day but more than what you could call a coincidence. So what is special about 10am. No markets are closing or opening at that time, from what I can see there is no reason for this to happen on a regular basis but yet it cleary does... so why?