I always come across the term Daily Range. From what I understood, daily range is the range starting from the daily open to the daily low or daily high.
Am I right???
Thanks for reading this thread.
All comments are welcome.
I wonder if anyone of you use daily chart to determine the market condition before zooming into 30m TF (time frame) for trading?
I would like to open up this topic to explore different type of method and system that deal with these 2 TF...
I have a trading system to be shared among all. This system is based on one leading indicator and confirmed by 3 lagging indicators. The system is simple to use, you don't have to be a great analysis to use it however this system requires...
I have a request to create an indicator that can be used for trending monitoring. The idea of this indicator actually come from an article from a forum, the author make used of a few indicators to confirm the trend of the market. The indicators...
I am a newbie who came to know about this forum for less than a year. I am glad that many members here are kind to share their knowledge and experiences on forex trading. Indeed, I had learn a lot of many things in this forum.
I realised that different currency pair has different characteristic and therefore cannot be used to trade on the same strategy/method.
So is there any good suggestions in trading the USD/YEN???
Any comments are welcome.
I realised that the time of metatrader in my PC is 2 hours ahead. For instance, it indicate 1600 h but the london time is 1400 h. Can anyone teach me how to adjustment the time of metatrader? Many thanks.