Rsi 2 forex - Forex Education Videos | ForexTime (FXTM)
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This next chart shows the exact same strategy over the exact same time window, but the system does not open any trades during the most volatile time of day6 am to 2 pm 2 forex rsi 11 am to 7 pm London time.
The difference is dramatic. By sticking to range trading only during the hours of 2 pm and 6 am ET, the typical trader would have been far more successful over the past ten years than ri trader who ignored that time of day. Rsi 2 forex About Other Currency Pairs?
rsi 2 forex Of course, not all currencies act the same. For example, the Japanese yen tends to see more volatility during Asian hours than the euro or British pound, since forfx is the Japanese business day.
As you can see, using this strategy overnight during the Asian and early-European session rsi 2 forex yielded much better results than our baseline hour RSI. Volume indicator trading system should range trade these currency pairs during the 2 rso to 6 am ET window.
Unfortunately, our optimal time window does not work well for Asian currencies.
This is due to rsi 2 forex fact that these currencies are more often rxi to large moves during the Asian session than the European currencies. It is worth noting that the time of day can have a significant effect on returns in these currencies as well. Twenty-four-hour trading shows far greater losses than the other time windows.
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