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I should have added more detail. I was referring to futures (ES). I was referring to when the ES futures market (open, closes and FED ). During these times the market moves really wild. I seen on occasion the ES move 15 points during these times. During the other times, it is somewhat (loosely) more controlled.
If you're new to FX and not so familiar with FX Fundamentals analysis, i recommend you to follow this Blog - Jarratt Davis or [yt]https://www.youtube.com/user/JarrattDavisForex[/yt] ...
Because only the biggest news that can result in big slippage (usually .. ) ...
E/U open and closed four times a day, majority of the most active times is between London open /Tokyo close and US open/ London close ...
Definitely wouldn't recommend it for a new person that has never traded high impact news before for a scalp. Sometimes it's better to let the big money go through it's drama and let it subside.
Agreed. I wonder whether we will see any big gaps/volatility after this weekends referendum and more importantly what Greece's government's decision will be... Keeping a EUR/USD position over the weekend would be risky.