Hey there 'The Wolf', I am also just about to change brokers too. have had issues with fxcm and Aplari has been recommended...
- #10,323
- Mar 11, 2010 1:00pm Mar 11, 2010 1:00pm
- | Commercial User | Joined Sep 2008 | 2,498 Posts
Can any one post a EUR JPY chart on 1hr and show me something interesting 
- #10,327
- Mar 11, 2010 1:41pm Mar 11, 2010 1:41pm
Hi again, another question 
I am based in the eu, so I tend to trade the European session, whcih is the busiest session anyway because of the crossover with the other two session..
I realise some of you guys are based in OZ and the likes, i have occaisionally stayed up throught the night to trade the OZ and Asian session, but never seem to find much action...
Is there a good time to trade either of these time zones? If so what time GMT would you say....
I am based in the eu, so I tend to trade the European session, whcih is the busiest session anyway because of the crossover with the other two session..
I realise some of you guys are based in OZ and the likes, i have occaisionally stayed up throught the night to trade the OZ and Asian session, but never seem to find much action...
Is there a good time to trade either of these time zones? If so what time GMT would you say....
- #10,328
- Edited 3:31pm Mar 11, 2010 3:17pm | Edited 3:31pm
Hi again, another question
I am based in the eu, so I tend to trade the European session, whcih is the busiest session anyway because of the crossover with the other two session..
I realise some of you guys are based in OZ and the likes, i have occaisionally stayed up throught the night to trade the OZ and Asian session, but never seem to find much action...
Is there a good time to trade either of these time zones? If so what time GMT would you say....
Asian starts to move around 01:00-1:30 gmt time before that the market seems to be dead.
Best of Luck broo !!
Trade Smart
- #10,329
- Mar 11, 2010 3:20pm Mar 11, 2010 3:20pm
- | Commercial User | Joined Feb 2010 | 2,739 Posts
hi guys.
I gope you had a good day.I had a medium day as I had no time to sit on the clouds due to my office job
ichi kid-I guess the best thing to do is to check it looking back at the charts.
here is my story and it might help you guys with more accurate entries and exits.
I was only trading GBP/USD and I was looking at all the timeframes untill I found some links between the hours and the ups and downs of the market
you can check it on the 5 min chart on this pair that every day you can find at 8 am gmt+1 this pair normally goes up.this run stopps around 9.20 and it goes down untill 10.20.
only out of those 2 moves you can get some 50 pips per day.
after 10.20 there is another important moove and the next cycle starts at 16.00
Just take the charts,scroll them back one month ago on the 5 min and check every day to see how many days had the same pattern.
for false entries we have the clouds covering us
I think there is even a strategy with the morning hours.
for the rest of the night markets I guess we can scan the same way for the best ours and patterns
let's try it tmr I will be on the gbp/usd starting 9.20 gmt+1 (at 8 I'm driving to work)
cheers and count pips to fall asleep)
I gope you had a good day.I had a medium day as I had no time to sit on the clouds due to my office job
ichi kid-I guess the best thing to do is to check it looking back at the charts.
here is my story and it might help you guys with more accurate entries and exits.
I was only trading GBP/USD and I was looking at all the timeframes untill I found some links between the hours and the ups and downs of the market
you can check it on the 5 min chart on this pair that every day you can find at 8 am gmt+1 this pair normally goes up.this run stopps around 9.20 and it goes down untill 10.20.
only out of those 2 moves you can get some 50 pips per day.
after 10.20 there is another important moove and the next cycle starts at 16.00
Just take the charts,scroll them back one month ago on the 5 min and check every day to see how many days had the same pattern.
for false entries we have the clouds covering us
I think there is even a strategy with the morning hours.
for the rest of the night markets I guess we can scan the same way for the best ours and patterns
let's try it tmr
I will be on the gbp/usd starting 9.20 gmt+1 (at 8 I'm driving to work) cheers and count pips to fall asleep
)
- #10,334
- Mar 12, 2010 12:32am Mar 12, 2010 12:32am
Hi just wanted to thank Redbeben and Osman for the replies.
Redbeben. I too had noticed that action in this GBPUSD seemed to start about 6amGMT and then die off around 10amGMT, I used to mainly trade just that one pair.
today, is the road to pips.
Redbeben. I too had noticed that action in this GBPUSD seemed to start about 6amGMT and then die off around 10amGMT, I used to mainly trade just that one pair.
today, is the road to pips.
- #10,335
- Mar 12, 2010 2:43am Mar 12, 2010 2:43am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
Morning everybody
Ichi kid-were you with me on this one ? what did I tell you.
that was a looooooot of pips only for the up move 1.50775 to be on the safe side and close it at 1.5108.there I opened a second long position and still closed it in profit.
now it will be heading down for another 20 pips or so ....keep an eye on it and follow the rules of the clouds.
Now I can rest for a couple of hours.
p.s.it does not happen this every day with a swiss watch precision but often you can find those trades on the 5 min chart on GBP/USD
Ichi kid-were you with me on this one ?
what did I tell you.that was a looooooot of pips only for the up move 1.50775 to be on the safe side and close it at 1.5108.there I opened a second long position and still closed it in profit.
now it will be heading down for another 20 pips or so ....keep an eye on it and follow the rules of the clouds.
Now I can rest for a couple of hours.
p.s.it does not happen this every day with a swiss watch precision but often you can find those trades on the 5 min chart on GBP/USD
- #10,337
- Mar 12, 2010 3:22am Mar 12, 2010 3:22am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
No worries,if you miss it there a second and 3rd chance later today
one at 11 one at 16 gmt+1
as I mentioned if we just look back on the 5 min charts for the whole month we can see around those hours this kind of movements and we can just write them down on a piece of paper or excel file (exact movement,average range and time span)
we can just make a probability calculation out of that and use it for further trade spotting on this particular currency.
NOTE-always check it with the clouds on the 1min and 15 min and to be safe follow the clouds rules don't just take it as for sure.this is only to help you detach your eyes from the monitors and sniper the trades at those hours.
I think in 90% of the cases we have the same pattern
one at 11 one at 16 gmt+1
as I mentioned if we just look back on the 5 min charts for the whole month we can see around those hours this kind of movements and we can just write them down on a piece of paper or excel file (exact movement,average range and time span)
we can just make a probability calculation out of that and use it for further trade spotting on this particular currency.
NOTE-always check it with the clouds on the 1min and 15 min and to be safe follow the clouds rules don't just take it as for sure.this is only to help you detach your eyes from the monitors and sniper the trades at those hours.
I think in 90% of the cases we have the same pattern
