DislikedThis is the only reason I don't recommend to trade the system II at this time of the day...
The system II need momentum in order to be effective. At 7:14 AM EST I assure you, momentum is dry.....clerks are punching orders..
The forex market is active 24 hours a day 5 days a week......but that doesn't mean you can trade any time you want. Unless you're a range trader and still you need to be away from volatility.Ignored
Good day, Dear Feb!!!!
I get it, but, do you mean that system II is good only at NY session????
What I want to say is - now I have in Europe 14:30 pm. So - London session is already open for long time. Does this session doesn't fit fot trading system II??? So, it will be more better choice to wait every day for NYsession open and go ahead?
Don't europen clerks punching orders for London session???
Thank you!!!!! Very appreciate Your comments!!!!!