Traders Laboratory - View Single Post - Trading Forex early in the AM
View Single Post
  #2 (permalink)  
Old 01-23-2007, 11:24 AM
torero's Avatar
torero torero is offline
torero has no status.

Trader Specs
 
Join Date: Oct 2006
Location: SPAIN
Posts: 1,329
Thanks: 43
Thanked 43 Times in 29 Posts
Re: Trading Forex early in the AM

I know alot of forex traders from the US (mainly east coast) who trade all hours. One in particular who sets alarms on this charts and take the trade and go back to sleep. If you plan on taking short term trades, then you can try it out. Forex is really about breakouts anyway, so alarms will do just fine. Not everyday you'll get alarms imo.

You can always try the pairs that are in your area, USDCAD or USDJPY for example. I live in Spain, I get up about 6:30am, 2 and a half hours before london opens to get the day ready so I don't have a problem with this.

__________________
"It's against human nature to succeed in the markets"-- Newbie Trader Lounge
Reply With Quote