So today is indeed confusing, I jumped a tiny portion on EurJpy. I saw some thing that when it breaks and flip other manner, emas could be a barrier to go its own right manner, so I jumped in commerce at emas, lets see what will happen.
So today is indeed confusing, I jumped a tiny portion on EurJpy. I saw some thing that when it breaks and flip other manner, emas could be a barrier to go its own right manner, so I jumped in commerce at emas, lets see what will happen.
”. . .look for so called consolidation zones”
Which would be the first method the indior was lifted from, SSBO, lol!
”. . .the schedule is converting the opportunity to your regional timezone!”
Exactly. Listen guys. Add the FX Market Open clock Chrome Extension. Sit watching it tick over. When it changes signs from”Tokyo Closed” to”Tokyo Open”, look at your very own useful clock - bedside, grandfather, alarm, cuckoo, sun-dial, whatever - that's the hour you use as your line-in-the-sand.
Anyway, like luvene, that's the last time I get on this one. I'm tired and I'm out of popcorn.
Good trading, all.
You are right. Personally IMO the best time to draw the box is 3 hours before London opens or you have to search for so called consolidation zones
Something about the program of fxmd: again well done but....the program is converting the opportunity to your regional timezone! I'm sure this is confusing for most because you have to start looking for the time of your broker!
But OK, I keep my mouth shut from now on. Happy trading you all.
It does not matter what time zone you're in. Simply optimize for EndHour and StartHour, allow your platform select the occasions.
Mine optimized :
StartHour = 08
EndHour = 11
on platform time for TradersWay which is GMT 3
therefore it contrasts
05 GMT start
08 GMT end
to find the best backtest results.
How about having a breakout of Sydney and Tokyo... no one seems to be concerned with Frankfurt and London... or utilize 2 hrs before Sydney open until 2 hours after London open. That will fake out the central bankers also... for a while anyway.
that I live at the CDT of the United States... I sat at the front of the screen one day and saw Sydney available at 4:00 PM CDT that's the exact same as 21:00 GMT. We are in Summertime today, so the correct factor for me to use to measure CDT is -5 hrs. 21:00 GMT minus 5 is 16:00 hrs... which is 4:00 PM. Isn't Sydney regarded as loed in Asia? Sydney is utilized as the daily opening. It appears like Asia open is actually Sydney open. I'm probably wrong, but the advice Fxmd posted, seems to corroborate what I'm suggesting.
This is the remedy to time problems. Please find your town in the list provided. Additionally I will be publishing in the telegram channel.
https://www.timeanddate.com/worldclo... Boxah=4sort=1
not sure where you are established, however iam in london, and the timing here is GMT 1. Thus the 4hr box has been derived from 22:00 - 2:00.
If you are in the u.k., I dont understand how you can keep awake to watch price action and track your trades!
It seems that a sell was triggered last night, but has been stopped out. Did anybody have the same outcome?