Monday 8 December 2008
Ultimate truths - 1
I have intra-day traded the forex for years. There are a few key elements for success.
Timing is everything. I keep meticulous records. The most profitable time to trade is the NY morning session. At this time both London and NY are active. I have increasingly avoided the London morning session. This is mainly because it is notorious for reversals.
Sill Secret #1: Only trade the NY morning session. The only exception to this is to AVOID the US employment data release Friday. Don't flash up the computer - go away and do something else.
Morty Sill
London
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment