Hi Guys,
Can you direct me how do I set up this GMT 9 trades.
Have been loosing in FX from day 1 need to follow some system.
Thanks in advance
Shane
GMT9 trade is my way or timing of trading ben10's method. he trades on the seconds but i trade m15/5, and at around GMT9, hence the naming. if you would go back 50 or 100 of his posts, you will get the idea of compression, congestion, pipe, rope. then you will need to look for what he means by the curve of spine. these two things are the basis. i am a breakout trader of recent support or resistance. that's my entry point after ben11's set up. i found it best to trade when the volume gets high and the trend would be set, enough to give me 10 to 15 pips or 0.5% of my acount balance. trading m15 at GMT9 is good for this reason - less noise and trend is generally firm. in this thread, charts contain lots of information written in by the posters, so by simply flipping over those charts you will get the idea quickly. feel free to let me know if you have any questions. RS
PS: remember this thread is ben10's trade jounal; i am simply one of the visitors
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