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  • #596,681
  • Feb 17, 2012 7:14am Feb 17, 2012 7:14am
Quoting Fbps
May I ask what is typically a good time with high volume? Maybe I should follow your example since I can't seem to find a winning strategy as yet.
U 'll find yours. Sure! No doubt provided, U keep looking, testing and demoing. Time will tell. There are many and good strategy in here. Just pick one and demoing for few month maybe years. Get used to the market, the price, the pattern. U'll be success.

If U dont know what to choose, here is the good one (at least for me). Will it suit U? I dont know, just give it a try. No harm.

http://www.forexfactory.com/showthre...=106489&page=3
Go figure.. Simplicity work
  • #596,682
  • Feb 17, 2012 7:17am Feb 17, 2012 7:17am
Quoting cat
As nobody has answered you yet, if you're looking for the big moves, then generally 6.45am British time to 11.30 am tend to be the times when you're most likely to catch them, or during the New York session, approx 1.30pm to 5pm. Having said that, depending on your time frame, you can get good moves throughout the day or night for that matter - this is forex, the market that never sleeps apart from weekends.But all that doesn't really matter when you're developing a winning strategy, which, by the way, takes a long time. Best of luck!!...
Thanks Cat, I'm growing old with this or not at all....
If I did not flip a property, I probably can't be bothered anymore to give another go at this.
  • #596,683
  • Feb 17, 2012 7:18am Feb 17, 2012 7:18am
[quote=Fbps;5395357]Sounds Greek to me[/
Look for some momentum (events)
1. 30 min before Dow closes
2. 30 min before ftse closes
3. Time at which LIBOR rate announcement
4. Take opposite direction between Frankfurt and London open
Etc
I don't use any technical indicators or wave pattern or anything like that. They won't work if you try to catch a small movement.

Having said that please try with a demo account first.
  • #596,684
  • Feb 17, 2012 7:20am Feb 17, 2012 7:20am
a little bit shaky at this moment..
  • #596,685
  • Feb 17, 2012 7:26am Feb 17, 2012 7:26am
Quoting Fbps
Thanks Cat, I'm growing old with this or not at all....
If I did not flip a property, I probably can't be bothered anymore to give another go at this.
Just one more thing I've learned, and that there is never a good or bad time to trade. I couldn't count the number of good trades I've not taken because I believed the time wasn't right, or the market should be doing something else according to what I've read or heard. When you trade, trade in a vaccum, and let nothing interfere with your decision making if it is not based on empirical reasoning. On the technical side, you are solely your own boss, and you will come up with a strategy that is unique to you. For starters though, throw in an MA20 exponential, and you see how the price will be drawn to it. Then play around with a few MAs, but keep your charts as simple as possible. Stick with it long enough, and you will fail your way to success, guaranteed!
  • #596,686
  • Feb 17, 2012 7:27am Feb 17, 2012 7:27am
[quote=thevadd;5395400]
Quoting Fbps
Sounds Greek to me[/
Look for some momentum (events)
1. 30 min before Dow closes
2. 30 min before ftse closes
3. Time at which LIBOR rate announcement
4. Take opposite direction between Frankfurt and London open
Etc.
Thanks for that !
  • #596,687
  • Feb 17, 2012 7:28am Feb 17, 2012 7:28am
Quoting Z3iz3i
1.32 will happen tonite.

When US opens or when London closes.
I gree
  • #596,688
  • Feb 17, 2012 7:29am Feb 17, 2012 7:29am
Squeeze time
COT: The precious data ignored
  • #596,689
  • Feb 17, 2012 7:29am Feb 17, 2012 7:29am
Very difficult now, how do you feel about the price now? 180? double it?
  • #596,690
  • Feb 17, 2012 7:33am Feb 17, 2012 7:33am
3180 broken
  • #596,691
  • Feb 17, 2012 7:34am Feb 17, 2012 7:34am
Short entered @ 3188 Stoploss 3230 Take profit 1.2985
MMMYYYKKK
  • #596,692
  • Feb 17, 2012 7:37am Feb 17, 2012 7:37am
Quoting myk
Short entered @ 3188 Stoploss 3230 Take profit 1.2985
brave decision.. but i like that number..

  • #596,693
  • Feb 17, 2012 7:38am Feb 17, 2012 7:38am
Cable head down, EU heads up.
  • #596,694
  • Feb 17, 2012 7:39am Feb 17, 2012 7:39am
Quoting plumiash
brave decision.. but i like that number..

MMMYYYKKK
  • #596,695
  • Feb 17, 2012 7:39am Feb 17, 2012 7:39am
Quoting Passerby
Cables head down, EU heads up.
What does it mean?
  • #596,696
  • Feb 17, 2012 7:39am Feb 17, 2012 7:39am
Quoting myk
Short entered @ 3188 Stoploss 3230 Take profit 1.2985
my pending missed by 0.7 pip.
Mohan
  • #596,697
  • Feb 17, 2012 7:41am Feb 17, 2012 7:41am
Quoting hlina9
What does it mean?
it means squeeze the short people,theres nothing holding euro from plummeting,except the US who want dollar as low as possible,and Europe who dont know how to tackle the debt problem,and this equals the strong euro
  • #596,698
  • Feb 17, 2012 7:42am Feb 17, 2012 7:42am
Quoting hlina9
What does it mean?
That why I'm confused.

PS: Still short 10 pips from my daily target, this is Friday. Should I leave it that way or..... look for a less risky scalp.
  • #596,699
  • Feb 17, 2012 7:42am Feb 17, 2012 7:42am
pls 4h volume - I can not see it ...
  • #596,700
  • Feb 17, 2012 7:42am Feb 17, 2012 7:42am
Quoting myk
i always admiring people when takes trade on a contra-movement, and have the risk controlled..
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