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 Forex Version 19, Foreign Exchange Market Discussion

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GOO
post Jun 22 2017, 02:06 PM

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Anyone using Dukascopy as their broker?
GOO
post Jun 22 2017, 02:34 PM

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QUOTE(CallOfLegend @ May 1 2017, 05:17 PM)
Comparison screenshot between Instaforex and FBS, what i encountered today
Instaforex AUDUSD M15
» Click to show Spoiler - click again to hide... «

FBS AUDUSD M15
» Click to show Spoiler - click again to hide... «

Why does it matters? Cause that doji serve as my confirmation point for buy entry 7pip scalping. Just for a thought, not much of a prob. With FBS chart will get a bit of late entry.
*
Hi,

I guess this is the reason why:

http://www.colibritrader.com/why-any-serio...rk-close-chart/

"
As you can see, the New York Close chart has no unnecessary “Sunday” candles which can confuse traders. Notice the small candles in red on the left GMT chart.

Be careful: If you rely on candlestick patterns in your trading, GMT charts would generate a lot of fake signals which could ultimately cost you a lot of money.

There are a lot of dojis and other candlesticks with small bodies, due to the small time-frame that they represent (only one hour after the Tokyo session opens). The New York Close chart, on the other hand, represents exactly the New York session trading day, which is extremely important for price-action trading. Closing prices are the most important prices for any market, not just forex. To make the right trading decisions, you need to make sure that you have the right price feed.
"

Great read.
GOO
post Jul 10 2017, 10:58 AM

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Does money made in forex need to report income tax?

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