Hello everybody !
I have got 3 questions on timing issues:
1. Normally people make trades on US or EU sessions, will you enter trade in non-US & non-EU session if the entry conditions met ? On the reverse, if you have left your positions opened, you set your TP and it will be executed no matter what session it is..
2. How many minutes before significant annoucement will you stay outside of the market even the entry conditions are met? What are those announcements? If you have opened positions, do you prefer to close it or stay it ?
3. Will you enter trade 2 hours before the weekend or bank holiday? If you have opened positions, will you close it or stay it ? Anybody have any idea of whether there is any extra-ordinary gap high/low for the weekends historically ? I can only think of G7 press conference or natural disasters like earthquake can shock the market, as figures will not be released in the weekends and even terriorist attack is not likely.
Any other timing issues other than the trading strategy need to concern ?
Please give me some hints Thank you !
I have got 3 questions on timing issues:
1. Normally people make trades on US or EU sessions, will you enter trade in non-US & non-EU session if the entry conditions met ? On the reverse, if you have left your positions opened, you set your TP and it will be executed no matter what session it is..
2. How many minutes before significant annoucement will you stay outside of the market even the entry conditions are met? What are those announcements? If you have opened positions, do you prefer to close it or stay it ?
3. Will you enter trade 2 hours before the weekend or bank holiday? If you have opened positions, will you close it or stay it ? Anybody have any idea of whether there is any extra-ordinary gap high/low for the weekends historically ? I can only think of G7 press conference or natural disasters like earthquake can shock the market, as figures will not be released in the weekends and even terriorist attack is not likely.
Any other timing issues other than the trading strategy need to concern ?
Please give me some hints Thank you !