The fear of missing out at the London open!
There are many traps set for the unwary forex trader and the London session crossover is one which occurs each day at precisely the same time. It is immensely profitable for the market makers as so many traders are unaware of this simple trap which plays on the fear of missing out, or FOMO. The volatility indicator is much in evidence and signals either congestion or a reversal from primary to primary trend.
https://youtu.be/8CI9gn59Tec...