I am flat.....had enough of today.....it has been 14 hours on the trot at computer. I am a true addict a bit like Brooks.....but enough is enough learnt a bit but it is difficult to commit when so small movements are there.....and so slow and dead. will ask Trump to tweet something about usd
SimpleLikeMe, Look at the 1 min candles on EUR/USD. Look at the 1 min candles on the NQ during RTH. Huge difference in volatility levels. That's why the NQ is great for day trading and Forex is meh.
what NQ trades all the week.... eur does in a day.... you can hardly expect volatility throughout 24 hours every single day NQ trades for 6 hours..... but it is up to the trader to see all aspects. not all traders want senseless volatility.. not that I am saying NQ is senseless... but eur being the most liquid in the world has it's advantages.....
closed this trade...because it is 12.30 am.. see computer time red circle been at the computer since 2.30 am market opening see you all tomorrow
padutrader great work today sir. Great way to take advantage of the market opportunities as us traders have no clue what the trading day will be. Will it be chop? Will it be slow? Will it be fast? Will it be swinging? Will it be range? You did well. You just traded what you saw all day. Win or lose, you kept going. Why? Because you never know when your setup will come to make money. More than anything, I hate missed trades.
current EUR 30 day ATR is 55 pips = $687.50 per futures contract; current NQ 30 day ATR = 146 points = $2920/futures contract For day trading, both require the same margin at most brokers. I'm not saying that that is a reason not to trade the EUR or to go all in on the NQ. But very few instruments move like the widow maker, and certainly not the EUR.
is that so...i get 1:500 so that makes up for lack of movement. one broker FBS i use gives 1:3000 you get that in stocks?