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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 Close        4AM     9:00    [...]

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 [...]