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Old 10-02-2006, 10:38 PM
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Trading times

Quote:
Originally Posted by Maji
Igor,

Thanks for introducing the system. However, a couple of things is still not clear to me. I hope you or someone else can answer my questions.

1. What is the time (in GMT or Central Euro Time) when the calcs are made and the orders put in?

2. The distance to entry from open, stop and trailing stops are all 0.5 times the average range... is that correct?

3. Trades are closed, pendings cancelled etc. at 18:00 CET... please confirm.

Thanks for your help.
I believe I can answer one of your questions. I know Igor feels very strongly about trading only between the times of the open of the London market and no later than the first 2 hours of the US session. He has done extensive testing along with several others to determine that most systems cannot remain profitable in the long run if traded outside of this timeframe. I hope this helps.

@ IgorFX - Hello Igor, I miss you all on the TSR forum but it is very difficult to catch being in the EST time zone. Truly remarkable and I know I speak for all when I say thank you for everything.

I have the full version of forex tester and I would be willing to manully trade these rules. I read over them and was a little confused so I skipped it with the intention of getting back to it. Here I am. I will review the rules carefully and get back to you with questions. Thanks again.