Hello Hanover, How does Daylight Savings affect Trading Sessions? Eg, Asian, GBP, USD

Hanover replies to PMs

I am starting to see legitimacy in this where the lowest volumes create local Support/Ressistance kind of zones, thankyou for your responses, I appreciate the time. I'm being wishful here, but is there a way to predict how much volume a currency may ...

Hanover replies to PMs

Hello Hanover, Another small question, is there anyway through looking at price charts to spot 'uncertainty in the market', eg, Doji Candlesticks. Also are there any other ways to spot real time uncertainty through external sources?

Hanover replies to PMs

Thanks for the response, I will indulge myself into this information and links you provided, & hopefully put in the work into myself, rather then statistical edges or linear strategies, or by chance create a strategy that considers market context ...

Hanover replies to PMs

No, cos 60% isn't that great for a short period of time, and it's hard to test this, also the spread becomes a huger factor when dealing with these smaller ranges.

GBP/USD simple breakout system

I understand what you are saying, makes sense and I will try it, perhaps the numbers will be favorable. And after that I might even try testing the results for 0.25:1 R:R and hope for a probability above 80% which is good territory to consider ...

Hanover replies to PMs

Hello Hanover, I have been working on a strategy which involves straddling specific candles if their ranges are within a certain size. I've noticed for a specific currency that for the last year it's given me a 70% win rate with 1:1 risk. It was on ...

Hanover replies to PMs

I just manually checked few weeks back from this date, and it seems that it is not near 90% seems closer to 60-70 percent

GBP/USD simple breakout system

The biggest problem with news trading for average lads like us, is that our orders are not given priority to the billion dollar forces that are fighting within a small amount of time. If you have an order open, and a stoploss, in a very volatile ...

are some news releases more predictable than others?

Suppose you trade at 10% gain per annun , like safe investment companies, if you want to earn relative minimum wage, like 40k, you'd need 400k to be able to work forex exclusively.

How much money do you need to safely trade forex

Hi Zondervan, from your first post it seems like the premise of your strategy is to see which way the momentum is going per currency and hope that atleast one or two of those currencies continue onwards. The problem with it is that it does not ...

Pre London Mechanical System

In real time, the stochastics may appear to present a buy/sell signal, however by the time the candle has ended, may have completely changed, how do you account for that? Or do you wait until the candle is finished? Also I think even if the candle ...

One Hour Sniper (OHS)

I smell Martingale

"Mudarraj" theory & practical experience