Buy Sell Zone on FOREX

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4x=0
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Postby 4x=0 » Thu May 10, 2007 4:29 pm

I think I will short this.

..trading from the airport like a player


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4x=0
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Postby 4x=0 » Thu May 10, 2007 4:33 pm

score


4x=0
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Postby 4x=0 » Thu May 10, 2007 4:47 pm

may i have your attention please. my flight is now boarding.

if i stop posting, you know what happened...

khalid
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Buy Sell Zone on FOREX

Postby khalid » Fri May 11, 2007 11:18 am

In terms of British Standard Time, is 7 am the London open?

4x=0
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Postby 4x=0 » Sat May 12, 2007 5:42 pm

you might be able to figure it out with this
http://fxtrade.oanda.com/resources/fxmarkethours/

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khalid
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Postby khalid » Sun May 13, 2007 7:55 am

Thank you 4x=0.

But the FXMarketHours, I gather, has a built-in flaw: it does not account for day light savings adjustments during summers. For instance:

it says EST is GMT-5, when in fact it is GMT-4;
and CET is GMT+1, when in fact it is GMT+2!

4x=0
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Postby 4x=0 » Sun May 13, 2007 9:11 am

I suppose you will need to compensate by using the pull down menu and changing your timezone by one hour.

I am currently GMT +1 but I have now set my zone to GMT +2. It is indeed 11am just as the red line indicates. And I believe the London session began 2 hours ago.



khalid
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Postby khalid » Sun May 13, 2007 1:24 pm

Oh, I would know what to do. However, such knowledge does not absolve OANDA. Moreover, (based on FX tick volumes) I should think the London currency trading starts at 7 am and goes on until 4:59 pm. FXMarketHours would have one believe it starts 8 am.

I no longer trade forex; so the interest is just academic and I raise points so kreslic.com participants may have the correct information -- in case I am wrong, provided by whoever knows more than I do.

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Postby 4x=0 » Sun May 13, 2007 2:16 pm

Buy Zones are plotted based on market openings and not tick volumes. However if it interests you to research a buy zone plotted where you think currency trading begins, please post your results in this thread, for the others.

If anybody is *really* having trouble determining market opens, please refer to the above link or use google.com

TheOne
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Postby TheOne » Sun May 13, 2007 3:15 pm

Hi 4x=0,
I know that TRO trades $trillion one hour before market close. Is this the same or do you use the actual market open. That is one hour away from $trillion. Hope this makes sense.

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