Nasdaq Price Reaction at LOFIX during NFP on Friday, 6th September 2024

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What is the London 4pm Fix? A key institutional feature of the foreign exchange market, the “London 4 p.m. fix”, is used to identify times when hedging trades concentrate. The direction of hedging trades is identified by past equity returns.
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London Fix = 4 pm GMT Candle. Mark the High, Low, Open price of the candle LO = London Open NYO = New York Open MSB = Market Structure Break: Look for a break on 5 or 15 mins time frames
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Disclaimer Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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