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Different brokers - different GMT
Started Jan 18, 2011|Trading Discussion|3 repliesWhat GMT is widely used? Obviously, different brokers are on different GMT, so candle closes ...
The thing is i'm using fxpro demo (GMT +2) for charting and i have live account with oanda, i do not look oanda's charts at all i just execute, and now oanda will offer metatrader so i could use their charts for analysis, but these different candles ...
What GMT is widely used? Obviously, different brokers are on different GMT, so candle closes ...
London is closed now, and market is still moving, ok slowly but it's moving, so who is driving it?
No serious, this thing will be moving. US closed, London will be close, Asia not opened yet, just curious who is driving it.
I expect this scenario and plan to short on a test. btw. This was H&S. image
Discipline is the ability to say yourself - 'NO'. Every time you feel urge to go in revenge trade just say yourself -NO- and fight that urge. Write on a paper psychological mistakes you do in a trading like revenge trading, moving stop losses etc., ...
Yea, and that is one of the reasons i believe it will break it now (eventually could retrace a little bit). Similar scenario happens on lower timeframes all the time. When price comes to a resistance it bounces from it but not much, resistance is ...
So if we already have account with Oanda and if we want to trade through Metatrader we will have to open sub-account and transfer money there, right?
Yea, so far Oanda is fair and original broker i hope it will stay that way. I hope they will not use virtual dealer plugin.
PA is still bullish. Didn't manage to break 1.3320, and it respected a trendline. image On a weekly chart there is a bullish engulfing which is a reversal pattern. So i believe this time PA could break through that heavy resistance, but we'll see. ...
I don't know for FxPro but Oanda didn't call.
Clear break 3320 will be bearish signal for me, everything above that is bullish.
Thanx for answer. I'm not in any trade right now but so many times i wanted to close partially but didn't know how.