DislikedHey mate
but you say range ends at 2am EST, which is 1hr before london open
thanksIgnored
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DislikedHey mate
but you say range ends at 2am EST, which is 1hr before london open
thanksIgnored
DislikedLondon opens at 3am but the Frankfurt opens at 2am which you will see price start to move during this time. If you are in the trade at 2am and in profit, when the london opens at 3am you will either see price continue in its direction or maybe a reversal. This is where the smaller stops comes into an advantage.Ignored
DislikedSo now you have contradicted your previous post, whih said you only enter aftr london open?
Ignored
DislikedBoth Frankfurt and London are in Europe...The London market is the Next session to open after the Asian. The frankfurt opens at 2 which is part of the London session. You can start trading the london at 2am instead of 3am. Some traders like to wait until 3am and some like to trade at 2am. I personally start mine at 2am. No contradiction here, you just need to know your session times. For instance the Sydney and Tokyo are part of the Asian Session. So if someone tells you to trade the Asian Session what are you going to do? One starts at 6pm and...Ignored
Dislikedok mate i'm with you now, you just confused me with the reference to london open(i am in the uk) and i do know that europe opens 1hr before, we refer to it as European open
thanksIgnored
DislikedNo problem....I am used to referring things to either the Asian, London or US sessions. So when I refer to the London session I am starting at 2am EST instead of 3am. I will have to remember to be more specific in my post when referring to these times.Ignored
DislikedI thought I'd try this yesterday on GBP/USD, got stopped out on the long and short, -30 pips each.
I guess it will average out, I may have picked a bad day to start.
KimIgnored
Dislikedhi guys, please clarify this:
1. we open pending orders at UK open, 07.00 GMT, isn't it ?
2. when is the end of the day (the time where all orders should be closed) ?Ignored