Hi Folks,
It is a new day, a new week and new month. I hope everyone has doen his/her home work and updated your trading plan after October MN candle close and you should have new 'support and resistance' line on your Big Picture Plan.
Today NY open one hour later due to the DayLightSavings DST change. There are were several price gaps in the open price after the weekend closed. Therefore we should be careful how the market will trade with those gaps.
With DST in North America, NY Sunday 5pm open is now Sydney Open and that will be 2 hours to the Tokyo Open. I trade the SYD_2H range during the Tokyo first 3 hours.
Trade Well and Trade Safe.
It is a new day, a new week and new month. I hope everyone has doen his/her home work and updated your trading plan after October MN candle close and you should have new 'support and resistance' line on your Big Picture Plan.
Today NY open one hour later due to the DayLightSavings DST change. There are were several price gaps in the open price after the weekend closed. Therefore we should be careful how the market will trade with those gaps.
With DST in North America, NY Sunday 5pm open is now Sydney Open and that will be 2 hours to the Tokyo Open. I trade the SYD_2H range during the Tokyo first 3 hours.
Trade Well and Trade Safe.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett