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Hello, would you guys have seen the zone 3720-3725 also as possible S or more as a market-aberration?
Edit: [My question was not clear] What I mean is after the big surge upward, would you look at this level (3720-25= origin) also for possible S when price returns there?
Can you help answer these questions from other members on NexusFi?
Even in the last up move to the 3780 res the mentioned s/r divided the move in the first and second leg.
But in such volatile markets it could be better to concentrate on the main levels (IMO today 3680/50).
On a normal day this could be different. And it depends on your trading concept.
Edit: Second chart with first and second up move today. Second is like copy paste from first.
Edit Friday: Chart three: Target for first trade at that res.
Edit Friday: Chart4: BPC at that level
It's Friday where my account does love if I stop at European lunch. Today this will be a rule as it could have some Monte Carlo volatility later. Better prepare my weekend.
Overnight in a random 50 tick range.
A mover could be the IFO release later.
Markets are not as calm as it does look like. The big move in CHF does tell me something about EU fear.
I have a general question, and i hope this is the right place to ask it.
I am very new to trading, still doing it on sim.
I don't understand something. I know that the ES has a day session (9:30-4:15) and an overnight sesion.
What about the 6E cause i see some folks trade it during the european session, and asian session, and us session, etc...
How do i know when each instrument is being traded? Especially the 6E
I am asking this so i can trade it correctly on sim.
Thank you so much for your time to even read such a newbie question.
6e is traded around the clock pretty much, there is a session time indi somewhere here (sorry i dont use it or NT) that will show you Frankfurt open , London open, US open, Asian session times. I can tell you them UK time but thats probably not much help!
That would be something you will have to check with your broker, or potential broker.
If your starting out it might be better to trade spot fx E/U as you will have much lower position size. You can start small and work up rather than 12bucks a tick straight away