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Supreme Being
Group: Forum Members
Last Login: 1/23/2012 9:34:43 AM
Posts: 237,
Visits: 482
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Similar to the chart preference to separate after x amount of candles with a vertical line, would be nice to have a feature to "vertical lines for market hours open/close" with different colors for different markets. ie. blue is UK, red is US, Yellow is Japan, and so on.
Would be nice to put a chart in perspective in relation to market open/close times. Bonus if you can draw the line in the future to indicate an upcoming market open/close.
Happy Pipping!
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Junior Member
Group: Forum Members
Last Login: 9/7/2010 5:32:17 AM
Posts: 24,
Visits: 36
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| Hi. This indicator shows different time zones. If you have got any questions please do not hesitate to write to me. I will try to help. But Anton could you tell me how it can help in trading. Do not worry it is only interest. I am a trader too, and like talking with everyone about trading and Forex. You're welcome. Den
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Junior Member
Group: Forum Members
Last Login: 9/7/2010 5:32:17 AM
Posts: 24,
Visits: 36
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Supreme Being
Group: Forum Members
Last Login: 1/23/2012 9:34:43 AM
Posts: 237,
Visits: 482
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Awesome! I'm gonna give it a try.
Knowing session open and closing times can help you make trade decisions, or even better yet, help you not make mistakes.
Some examples:
You might want to observe the European Open and make trade decisions for the UK Session.
You might be about to place a trade and realize a session is about to start/end which may trigger volatility or kill momentum.
The US Close I call the start of the "dead zone" where things die down until Asian open.
You might want to observe the various Opens of sessions and enter / exit trades accordingly.
Happy Pipping!
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Junior Member
Group: Forum Members
Last Login: 9/7/2010 5:32:17 AM
Posts: 24,
Visits: 36
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Hi Anton. I hope it will help you. Some time I use to intraday scalping too. But I prefer to use more long strategies like a day trading or something else. Because some time you can miss a wave. But intraday is quite good too if you make a forecast on day. Anyway I wish you more profits and good deals in your business. Den.
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Supreme Being
Group: Forum Members
Last Login: 1/23/2012 9:34:43 AM
Posts: 237,
Visits: 482
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Actually I use it for long term trading too, forgot to mention that another reason is to study charts. It's easy to tell on past data in what session moves happend, great for back testing.
What is your favorite strategy?
What is your most profitable?
I'm starting to really like Bollinger Bands, ADX, and CCI.
Happy Pipping!
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Junior Member
Group: Forum Members
Last Login: 9/7/2010 5:32:17 AM
Posts: 24,
Visits: 36
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| Hi Anton. I started with RSI, Ichimocu, MACD. Then I used an intraday scalping strategy. But my favorite strategy is Elliot's waves. I think it is the most reliable strategy. I like it very much. But unfortunately I have not met any program which applies this theory. Of course this is hard work but anyway it helps me to calculate currencies. And I know that many banks use it to make a forecast. If you wish we can discuss it. For example we can create a bunch and make our forecast. I think we can find a lot of people who are interested in it. Other side of this idea is a group's mind, I know that it is helpful when you know minds of other people. What do you think about it? Best regards, Den
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