Maybe? I ask, because experienced traders will often warn inexperienced traders to stay out of the after hours.
Yes due to possible slippage and much less liquidity and I have posted in this journal that newbies should stay out of afterhours. In my wife's case, she's got me right there so kind of has a coach next to her, does not exactly apply. Anek
OK. Here's why she's trading after hours: In the after hours you can clearly see where support is -- it's the point where price hasn't gone any lower. But when it does go lower, SELL! Is that right?
In afterhours due to less liquidity when something is broken the effect is usually more drastic and less "fakes" are seen. Stay with the trend, determine clear S/R and you go have so fun. Much less frustration. Requires MASSIVE patience though, sometimes it feels like they hit PAUSE at certain hours and because I think patience is extremely important in waiting for the right setups, I train her there. It also gives her enough time to study the current scenario. So to answer your question I want her to develop exceptional patience in trading so she can handle only taking the right setups when the time comes. ..that and the fact that it trends quite well. Anek
That's great to hear Anek. Hopefully this method will help us noobs out there. I'd actually like to trade Forex or the DAX since it suits my work schedule plus the fact that your friend uses AHG for FOREX is reassuring. Have you ever used the same method for Forex or DAX ? Have any of the other traders ever traded Forex using AHG ? I can't wait till I'm ready to try this method. Thanks to all the civilized traders for all the contributions to this thread. Positive Energy must contagious !
Boo, My forex experience is quite limited. However, I have begun following DAX in afterhours because it leads the ES and that's a highly tradeable instrument. Anek
T, Just now, once it bases, say 4-5 bars, when it breaks, tick tick tick cover, funny stuff. It's important to wait for that base. Anek
Hi, Anek if one would like to watch / trade after hours what percentage do you need to change your after hours share bar or tick size by, ie: if one was trading 400VB on the regular session what should one drop to a 40VB, 100VB for after hours ? Cheers