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How did Forex change so much from 2008 till now

Discussion in 'Forex' started by Robertwiz, Jul 23, 2012.

DayTrader10
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Quote from magister:

Do notice however, although the euro session is definately not what it used to be, about roughly 1-2 hours after the US market opens at 9:30 AM EST, you often see strong powerful momentum come into the market, seeing forex pairs break thru major support/resistances, fibs, trendlines, etc.

Buy low and selling high goes out the door and during these phases one really has to get into the mindset of buying high and selling higher. Sometimes it starts a bit earlier like 15 minutes after the open, other days it takes 2 hours, somedays it just does not materlise, but it was happening at least twice a week...well at least before the summer doldrums really set in.
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Yeah I agree. I only trade the US market times for the EUR/USD pair. It seems to work pretty well in terms of it being more tradable.

#11 Aug 5, 2012

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