this is it, if we stay above 4 hour pivot we should get the break really soon.
Great call Jogold! Who's on board this train?
Hey Traders!
Are you Trading it or Fading It?
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I prefer to wait till after the 10:00 AM hour, NY time and see how the momentum holds up
Hello Scalpingfool! Why do you think the 10:00Am hour is so significant for the market? I have noticed reversal happening around that time as well.
Trader, Gregory McLeod moderates the DailyFX Forum.
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Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
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Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT inPip & Run Trading Room.
I prefer to wait till after the 10:00 AM hour, NY time and see how the momentum holds up
Gregory and Garr70, I don't have the experience to give an educated opinion but I have heard from other traders that the first portion of the days trade includes automatic fills for stock trades placed the previous session and also there has also been stories of the early portion being "Amateur Hour".
Also Jamie Saettele (FXCM) has key trade times he watches, 8AM-10AM, 3AM-4AM for session highs/lows.
Well Traders, the top tools as indicated in our poll are:
1. Trend lines
2. Fibonacci
3. Moving Averages
Thanks for participating.
Any ideas for our next poll?
Trader, Gregory McLeod moderates the DailyFX Forum.
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Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
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I prefer to wait till after the 10:00 AM hour, NY time and see how the momentum holds up
Gregory and Garr70, I don't have the experience to give an educated opinion but I have heard from other traders that the first portion of the days trade includes automatic fills for stock trades placed the previous session and also there has also been stories of the early portion being "Amateur Hour".
Also Jamie Saettele (FXCM) has key trade times he watches, 8AM-10AM, 3AM-4AM for session highs/lows.
Thanks for your answer! I was trying to leave you a "like" but the forums seems a little buggy on my end.
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT inPip & Run Trading Room.
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