Disliked{quote} Hi. We had the data @ 7am London (gmt,) which is 2am NY (est.) Not seeing any for 8am London, (3am est,) if you mean est, ie eastern standard time?Ignored
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Disliked{quote} Hi. We had the data @ 7am London (gmt,) which is 2am NY (est.) Not seeing any for 8am London, (3am est,) if you mean est, ie eastern standard time?Ignored
DislikedAs I understand it, the way you read this is there is a 97% probability that there will be 4 red candles in the 1 hr time frame where the win loss ratio is 34:1. There are also 5 early signals in the past 50 signals. Looks like this is another one! I believe that the London open messed it up this time. The hour isn't over. {image}Ignored
Disliked{quote} I have 2am est as the Frankfurt open and 3 am est as the London open. Both tend to cause spikes.Ignored
Disliked{quote} Again it depends what you mean by 'the open,' If you mean equities (Ftse) open then yeh London open is 3am est = 8am est. Can't remember re Frankfurt, but I'm sure you are right. London forex desks start trading circa 0630am London time, Frankfurt 1hr earlier. There is a lot of cross-flow of institutional monies between asset-classes when all asset-classes are trading, including commodities, fixed income etc. I know what you mean re volumes increasing @ the 'official' open re equities, but we used to process overnight orders before that,...Ignored
Disliked{quote} Again it depends what you mean by 'the open,' If you mean equities (Ftse) open then yeh London open is 3am est = 8am gmt. Can't remember re Frankfurt, but I'm sure you are right. London forex desks start trading circa 0630am London time, Frankfurt 1hr earlier. There is a lot of cross-flow of institutional monies between asset-classes when all asset-classes are trading, including commodities, fixed income etc. I know what you mean re volumes increasing @ the 'official' open re equities, but we used to process overnight orders before that,...Ignored
Disliked{quote} interesting, i didnt know that. does that mean also NY has a preopening forex desk 1 1/2 hours before the official opening?Ignored
Disliked{quote} Hi. As far as I know yeh absolutely, that still happens, - it did in my day. It's an unofficial open as no centralized exchange other than futures re forex, and like london depends on the institution. NYSE opens 0930 NY time which is much later than the equivalent 0800am London time open, so when I worked there, (did 3yrs there,) we were @ our desks a good 2.5hrs before that, @ circa 0700am NY (est.)Ignored