I need to get myself oriented. I am in Malaysia where it is around 1030 in the morning. I make that around 930 in the evening NY time.
Jims first post was 6 hours ago at about 330 inthe afternoon I think and he says that he will return in the 'wee small hours'
I think that London opens at between 0700 and 0800 GMT which is 0300 to 0400 NY time.
Am I correct?
I need to get myself oriented. I am in Malaysia where it is around 1030 in the morning. I make that around 930 in the evening NY time.
Jims first post was 6 hours ago at about 330 inthe afternoon I think and he says that he will return in the 'wee small hours'
I think that London opens at between 0700 and 0800 GMT which is 0300 to 0400 NY time.
Am I correct?
Ignored
In Malaysia, London open is at 4pm. And US open is 9pm. I missed trading time back in Malaysia. Hope this help =)
My pivot points indicator is bunching up the lines, can anyone help me correct it. I posted the settings, not sure if I have them right or how to work with this indicator.
Thanks, Arcus, I was trying to get a handle of our US friends activities in relation to London. Must be awful to get up in the middle of the night to trade the London market.
Very comfortable to start trading here at 4 pm and look at the London market.
My pivot points indicator is bunching up the lines, can anyone help me correct it. I posted the settings, not sure if I have them right or how to work with this indicator.
My pivot points indicator is bunching up the lines, can anyone help me correct it. I posted the settings, not sure if I have them right or how to work with this indicator.
Thanks,
Ed
Ignored
Ed,
Pivot points uses the previous day data. With IBFX that day (Sunday) was only about 4 hours long. The FXDD platform that Jim recommended I get apparently groups Sunday's bars with Friday, and thus avoids the problem.
Thanks, Arcus, I was trying to get a handle of our US friends activities in relation to London. Must be awful to get up in the middle of the night to trade the London market.
Very comfortable to start trading here at 4 pm and look at the London market.
Ignored
Yeah, would love to be back Malaysia after finishing my studies. Here, I won't wait for London open, just place my order and get some sleep since I got class in the morning. Too sleepy to wait for 2a.m LOL
Anyways, there's a IB on G/U. Just informing you guys.
Closed EU and GBP trades with +16 pips each. CHF trade formed a pin bar so i got out with -8 pips for a total of +24 pips for tonight Sunday Asian session. Not bad. Paris
OR...you could download the OANDA widget which keeps track of which markets are open at the present. Start here and do some browsing: http://widgets.yahoo.com/
Thanks BB, I have a set of clocks loaded. I was just checking that people in East USA actually leave their beds at that ungodly hour to trade the UK opening or just waited until the NY exchange opened.
I also understand that Forex is 24/7 or rather 24/5!
Thanks for the link to the Peter Crowns thread as well useful advice.
correct me if I`m wrong but this is going against the 89ema, so we are looking for shorts, anyone?
Ignored
you are right croeses price is below the 89 smoothed moving average which signals shorts, sometimes i trade pull backs thats why i said its counter trend.
