A heads up this week for the London Fixes
Liquidity is light this week so events like the London Fix come in to play a bit more this week, especially with the year end wind down in effect also
It could mean that it won't take much to push prices around over the fix at 16.00 GMT. If you see the prices start to muck around anywhere from 5 minutes before until around 5 minutes after then it's likely to be fix related
If you're so inclined, then watching for any large moves that counter whatever the intraday trend has been, might bring a fade opportunity. For example, if EURUSD suddenly dropped from 1.0900 to 1.0850, but there was little action elsewhere, then that might be a fix move to counter trade. Personally I wouldn't look to after anything less than a 40-50+ pip move
Be warned though that liquidity will evaporate further once Europe/UK closes so you may have a task to see the price return from whence it came
