charts, or they dont. They also have the correct charts on a mobile dealing platform for your iPhone or mobile. Only a handful of brokers offer a true 5 Day Chart with the correct open and close shape of the daily price bar. Let online forex options trading for beginners me explain why New York Close Forex Charts Are So Important. This will ensure you are seeing the correct price data and you will then be able to analyze the exact same price action signals that myself and all of my members see.
Example of a Non-New York Close 6-day Chart. Let me assure you this is something that you need to seriously consider before trading live, and you probably wont read about it on other Forex trading education websites. The New York close also reflects the close of the 2nd heaviest Forex trading session which is the New York session. This is an extremely important lesson about why you need to be using.
New York close 5-day charts provide more accurate price action trading signals. If youre truly serious about your trading, you should pay close attention to what I am going to discuss here it will make a huge difference in your trading. There are only 5 trading days per week in each major currency trading center around the world, but due to the 24hr nature of Forex, some platforms show a Sunday bar, this is incorrect and unnecessary. New York Close Charts on Meta Trader with the correct data feed. My members and I use a 5-day chart with a New York close MT4 data sever to generate my Price Action Trading Signals. These Sunday bars should not be there winner solution forex system and they are not relevant; they just take up space and add unnecessary variables to the chart which will confuse you and many times generate false signals.
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