... way, use 2
A. M. Eastern Standard Time which is 7 A. M. in London
for the open and noon EST, 5
P.M. London, for the close.) The Fibonacci
retracement option is a good alternative if you are confident ... analyzing reasons to hold
an opinion in the first place!
This is precisely the reason why all trades have to entail a point of
validity-based stop loss. Without a concrete reason and...
... (Bank of England), BOJ
(Bank of Japan) these are all factors that will affect the way the pairs
trade. If you want a great international calendar, you can check out one
of my favorites at www.forexfactory.com. ... you
look at most forex tools and sites. And that’s fine just as long as you realize
that GMT is basically London time and London trading hours are the most
important in the...
... with as
unpredictable an event as news releases and this means Non-Farm Payroll,
FOMC decisions, and really any and all numbers that are typically released
between 8:30
A. M. and 10:00 EST.
Here are ... would all love to risk 10 pips and make 100. That
is both na
¨
ıve and unrepeatable. Traders who are great gamblers would say
that is playing the odds, and once you are on a streak, follo...
... their advantage; after all, that is what you are tracking, analyzing,
and watching on a price chart. This is external psychology. Never forget
that you are trading reactions, fear, greed, and uncertainty. ... and uncertainty. This alone will
take you past the charts and make trading a much more natural activity.
And that’s when you will find that trading is just a natural extensi...
... discover dead
Italian mathematicians (Fibonacci), and probably start making a series of
the worst trades ever made. Then and only then will you really start to
learn. Sadly and typically, the pain must ... range is narrow as the market creeps along
sideways. What’s narrow? Remember, narrow is relative to the market’s
current range and typical personality. Each pair has a unique price acti...