April 17th, 2009

When should I trade?

First, the day is split into several sessions. The sessions are most often measure according to EST (GMT-5) or GMT. If you’re on the west coast of America, then you’re dealing with PST (GMT-8). Below are the FOREX sessions. Session                 EST    GMT    PST      Open Tokyo          7PM     0:00     4PM     Asian Session  Tokyo [...]

February 18th, 2009

A Chart Is A Chart

One thing that needs to be stressed is that a chart in the market is the same whether it’s a 5-minute chart or a daily chart.  If you could not see the numbers on a chart it would be hard to tell which time frame you are looking at.  All charts have the same patterns [...]