Monday’s London session provided another opportunity to see the white zone trade in action. GBPUSD (cable) had moved up over the Asian session but had retraced back to the white zone. Paul weighed up his options and decided to take it there, in case he missed the trade. The trade worked out nicely giving him +6 pips and many in of the room members got better entries and made even more pips
This trade again shows the power of the edge of the white zone on the 1 minute time frame.