Hi Cemilfx, this looks interesting but, what about stoploss? you have some loss as low as 1 pip, and I don't believe you have a stop loss of 1 pip, so how do you manage loss trades?
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DislikedHi Cemilfx, this looks interesting but, what about stoploss? you have some loss as low as 1 pip, and I don't believe you have a stop loss of 1 pip, so how do you manage loss trades?Ignored
DislikedCongratulations on your engagement. I wish you many years of bliss. In my understanding, Forex Spot market is tied to Forex Futures. During the "Fix time", (after NY close) the Futures Market suspends trading. I "think" the actual time it is closed is 17:30 to 17:45 NY. During 17:00 to 18:30, spreads on US brokers, tend to be much higher then other times. Even though Forex Spot market remains open during "Fix" time, brokers, in effect, are guessing where prices will be adjusted to. If I have any of this wrong, I apologize.Ignored
DislikedHi rajancr I don't understand what you mean on your charts. 1/ What's your GMT time ? your broker ? 2/ Could you explain exactly how you trade during the good time ? Thx.Ignored
DislikedWho have the lowest spread for this session...........? I think EU is the best pair....Ignored
Disliked{quote} My friend, 0/ No trading on MONDAY 1/ GMT 21 to 22 is the trading time 2/ draw FIBO from GMT 20:30 to 21:00 3/ take decision to trade against the direction of 20:30 to 21:00 4/ place your order @ 0.236 or 0.764 level 5/ SL @ 0.000 or 1.000 level. also consider nearest round numbers of 0.236 or 0.764 level, select the most comfortable one 6/ if order @ 0.236, TP is @ 0.764 and vice versa this is only a probability to trade remember..... only the RISK will give REWARD so TAKE IT....Ignored