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The optimal time to trade the forex foreign exchange market is when it's at its most active levels. That's when trading spreads the differences between bid prices and ask prices tend to narrow. In those situations, less money goes to the market makers facilitating currency trades, which leaves more money for the traders to pocket personally. Forex traders need to commit their hours to memory, with particular attention paid to the hours when two exchanges overlap. When more than one exchange is open at the same time, this increases trading volume and adds volatility—the extent and rate at which forex market schedule or currency prices change. The volatility can benefit forex traders. This may seem paradoxical.

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Stochastic forex strategy

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Dimensi kotak ajaib forex market To answer your first questions, yes the defaults are 14,3,1. Place your Stop Loss pips below the low of that candlestick. Targets are daily pivot points shown by the Admiral Pivot indicator. During the earliest use of stochastics for trading, Dr. Thanks for this great strategy,Just want to find out if this stochastic settings will work 14,3,2?
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My SUPER SIMPLE Stochastic Indicator Forex Strategy! (Full Strategy Guide)

This indicator measures momentum by comparing closing price to the trading range over a given period. The Stochastic oscillator is another technical indicator that helps traders determine where a trend might be ending. The oscillator works on the following. Part of the reasoning behind stochastic indicators is that a forex price has a tendency to close near the extreme of its recent price range before a turning.