Massive shakeup

Hi guys, have any of you experienced this? I was successfully scalping with the trend thoughout the day - aprox 3 to 4 pairs I was looking at. Then all of a sudden (at the same time) ALL of my trades started moving against me (and against the trends, regardless of whether up or down). The only thing I could think of is that the US session had opened (this happened around 2.30/3pm Friday GMT). There was no news or other fundamentals that would explain it…the moves were huge though.

If anyone could shed some light or advice on how to avoid this would be great.

P.s the currency pairs hardly had anything in common (CAD/CHF, USD/JPY, GBP/USD and another I can’t remember).

Thanks!

The opening of the NY business day is often a re-set for forex, especially pairs comprising USD. If trading intra-day you need to watch this and be aware.

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