Great spot on the Divergence entry with the trend line break. Nice trade!
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DislikedHi All,
What is the session start time and end time that are used for formng the daily bars? Are you using New York session? Thank you.Ignored
DislikedHello yesbee1 and welcome to this thread. Whatever time your broker's new daily candle starts. My broker's new daily candle starts at 8 pm est which is the opening of the Tokyo session.Ignored
DislikedHi Lj,
Just curious. What does 20 slope indicator measure? I mean is it the rate of change of 20 ema or 20 sma? Thanks.Ignored
DislikedHi Lg,
When your trading smaller time frames are you making any adjustments to the parameters?
Also this may be a basic question but, do you use any indicators for generating the various support and resistance lines? ( I am new to MT4).
Thank you.Ignored
DislikedNo, I don't change the parameters. I use the weekly pivot indicator (page 1 post 2) and the monthly pivot indicator (page 5 post 75) together on the smaller time frames.Ignored
DislikedHi Lg,
Thanks a lot for your reply. Another basic question (please bear with me :-).
I am coming from futures market where I used mostly "limit orders " both for entries and exits. In Forex it seems mostly "stop market" (i.e. market price if touched) are used. Is this order type what you use for both entries and exits?
Thank you.Ignored