The exchange rate of pound/dollar is usually called "telegraph". "Not many telegrams are opened in Frankfurt. This is because the only open market in Frankfurt and London is Tokyo. Telegraph trading in Tokyo is relatively mild, which is why businessmen fluctuate greatly when they enter this market. The opening time is in Frankfurt, which means that London will open soon. Other currencies are more uniform for the whole transaction), so this strategy is not equally effective.

At the same time, the pound/dollar is an unstable currency. There are great swing steps to create excellent profit opportunities. Where there is the possibility of big fluctuations and profits, there is also the possibility of stopping moving forward. Before the mobile market intervenes in the transaction, we wait for two directions, so that we can reduce the possibility of being blocked. What happened in these initial price movements, the next step-our breakthrough, is more likely to give birth to the belief behind it, because all the weak parts have withdrawn from the market and shaken the fluctuation of the initial rate. (Learn more about other strategies, referring to foreign exchange momentum, by Heikin. )

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