Disliked{quote} Thanks for clarifying. Okay I thought I read somewhere in the thread that we could trade this with EUR/USD as well in which case I should still only opt for the london session? Are those hours chosen because there is less of news events if so I could pick something after 10pm EST right because usually for eur/usd it tends to be quieter from 2200 EST to about 3AM EST(london open)?Ignored
If you want to trade this in the 5pm EST to 3 pm EST timeframe you will struggle a lot more to easily and consistently get the 3-4 pip scalp on the hourly candle, given typical volatility/price action for that timeframe. Not saying it cant be done, especially if there is good price movement in the Asian session, but just a lot harder to do consistently - often an entire hourly candle is only 5-10 pips at that time. Try it on demo and see if you can make it work.