Hi,
Recently I have discovered there is a 10-30 pip jump "from nothing" in eur/usd pair.
I thought London, New York, Tokyo, Sydney are the markets acording to this: http://www.forexmarkethours.com
I was peaceful ranging player, when I saw a big jump, I couldn't understand why, because no news releases, no market open-close times was a that time, but is was a fixed hour. So I did a few search in Google and I have found another markets
and Frankfurt, Hong Kong opening raised the price. From now I need to give attention to this table: http://www.forexmarkethours.com/GMT_hours/02, when I want to play in a ranging , peaceful market.
I was wondering if anybody got a working setup for this 10-30 pip around market opening and have tried in LIVE account?
Ranging setup is easy: after London session, but better NY session end it seems the market is staying. I am waiting to chill down and to make 2-3 waves in ranging and see the support and resistance levels. Near the top of wave I am selling, near the bottom wave I am buying. Max 5 times. Sometimes 1 move take 1h, so not really a fast gain and not relay safe. Until Hong Kong session if I have 2-3 trades, than is good.
Recently I have discovered there is a 10-30 pip jump "from nothing" in eur/usd pair.
I thought London, New York, Tokyo, Sydney are the markets acording to this: http://www.forexmarkethours.com
I was peaceful ranging player, when I saw a big jump, I couldn't understand why, because no news releases, no market open-close times was a that time, but is was a fixed hour. So I did a few search in Google and I have found another markets
I was wondering if anybody got a working setup for this 10-30 pip around market opening and have tried in LIVE account?
Ranging setup is easy: after London session, but better NY session end it seems the market is staying. I am waiting to chill down and to make 2-3 waves in ranging and see the support and resistance levels. Near the top of wave I am selling, near the bottom wave I am buying. Max 5 times. Sometimes 1 move take 1h, so not really a fast gain and not relay safe. Until Hong Kong session if I have 2-3 trades, than is good.
I want to buy PATIENCE