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Magic23 · 03-04-2006, 17:33

I'm a newbie to moneytec, but have been an FX trader for about 5 years, and I too have grappled with what time to trade since day 1. For me it comes down to whether you trade news or the charts. If I was to trade news then I'd trade US market only, but I prefer to trade TA and I look at all time intervals (from daily charts to ticks) on 15 different pairs so I may be in one trade for a few minutes and another trade for a few days....depends on the pattern and time frame. So in other words, it matters not when I enter a trade, if the pattern is right it is right. Also I have to watch when economic news is released to set stops a bit tighter or exit.

03-04-2006, 17:33	#18
Magic23 level 1 Join Date: Mar 2006 Posts: 2 Downloads: 0 Uploads: 0 Rep Power: 0	Re: Best time to trade I'm a newbie to moneytec, but have been an FX trader for about 5 years, and I too have grappled with what time to trade since day 1. For me it comes down to whether you trade news or the charts. If I was to trade news then I'd trade US market only, but I prefer to trade TA and I look at all time intervals (from daily charts to ticks) on 15 different pairs so I may be in one trade for a few minutes and another trade for a few days....depends on the pattern and time frame. So in other words, it matters not when I enter a trade, if the pattern is right it is right. Also I have to watch when economic news is released to set stops a bit tighter or exit. Last edited by Magic23 : 03-04-2006 at 17:40.