Response to Email Question: What is the Best Time to enter trades?
On Thu, Jun 18, 2009 at 8:12 PM, Peter wrote:
Greetings Julian
Thankyou for your reply.
Certainly very bright colour of the software indicator here.
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Can you let me know which is your best time to enter the trade.
Perhaps, could fly to meet you.
I’m in Thailand zone timing.
Thankyou
Peter A
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My reply to Peter:
Hi Peter,
I can only tell you that for the
Trend Shadow system, best time is 10.30pm-3am (Singapore Time, GMT +8.00).
When entering at that timing, I find that you get less “trading noise”, i.e. inaccurate signals due to irregular movements.
Whereas for Trend Forex 2.0, if you’ve been looking out and second guessing yourself if there were opportunities within the last 24 hours, no there weren’t – at least not on the 1H and 4H. So don’t be too hard on yourself! Hahahaha. Many of the currency pairs were testing their respective resistances. Given the frequency, I do expect a breakout in the direction past the resistance. You may use some breakout trading methods to capture this movement.
If there’s no trend in place, don’t try and imagine a trend and do something stupid. Many traders make that mistake, including me, just the day before!
Read your Ebook on “Trend Cross” which came with the Trend Forex 2.0 Bundle (Those who haven’t gotten their Trend Forex 2.0 – it’s OFFICIALLY SOLD OUT, however, unofficially, you may get it at http://www.asianwealth.com/trendforex.html). it’ll be useful for sideways days like today.
Cheers,
Julian
www.asianwealth.com

