DislikedI prefer to trade the 4hr charts at night. My broker posts new 4 hr candles at 10pm my time (Pacific), 2am my time and 6am my time.
[font=Comic Sans MS][size=3][color=#0000ff]My page when I open up my charts has 8 open charts. I just glance at the TDI for set ups when the new candle opens... If I see a set up... green just crossing red I'll take the trade, turn off the puter and go to bed. Four hours later (1:50am) my alarm goes off for the new candles...Ignored
Thank you very much for sharing this.I checked my charts in the past and all looked winners and this gives me confidence.
Just a quick question.You said you prefer NY open only 1st 3hrs and only 1hr candle.
Why is NY different then London which you prefer 4hr.My guess is NY is lot more unpredictable? prone to reversals?
Correct me if I am wrong.Thank you!You got great Karma
In trading, you have to be defensive and aggressive at the same time