It’s actually a strategy that I thought about back when I first started experimenting with FOREX, and lately I’ve been starting to wonder if it’s a good method of profiting from timezone differences. It revolves around the Americans doing a LOT of trading, so if you have a fair idea of where the market is going to go, you open your positions just before the American markets open and then when they open you get a nice big rise (assuming you thought they’d send it up).
It appears to have worked a bit the last few days that I’ve been looking.
I will analyse it for a bit longer and see if I can use it to my advantage.