Download: Professional Forex Trading Platform With New York Close Charts. Fill In The Form To Download The Platform. Please download your preferred platform and check your email to obtain your Login details. Disclaimer: Any Advice or information on forex broker candle close times website is General Advice Only – It does not take into account your personal circumstances, please do not trade or invest based solely on this information.
High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. The Authority’ on Price Action Trading. In 2016, Nial won the Million Dollar Trader Competition. In a nutshell, traders need to be aware that the normal Forex charts offered by popular forex brokers out there are NOT suitable for professional price action trading or any form of technical analysis in my opinion.
I am going to get into much more detail on this subject below, however if you don’t want to read this entire lesson you can just download our preferred New York Close Forex Charting Platform Here. Most forex brokers simple do not offer the most relevant or effective charts for you to make your trading decisions from. For many beginning traders, the fact that they might be looking at charts that aren’t accurate does not even occur to them. Let me assure you this is something that you NEED to seriously consider before trading live, and you probably won’t read about it on other Forex trading education websites. Australia and Asia trading gets underway. The New York close also reflects the close of the 2nd heaviest Forex trading session which is the New York session.
Closing prices are the most important in any market because they reflect who won the battle between the bulls and bears for that session. Also, as a price action trader focusing on the daily chart, we need to see the price action setup close out on the daily chart before we can correctly identify it as a price action signal, and it’s at the daily chart close that many significant price action setups form. Due to the fact that daily chart trading strategies are critical for all traders to learn, we all need to see the most accurate and relevant daily chart closing price. You WILL NOT be able to follow my trading patterns or ideas if you’re not using the correct charts. Example of a Non-New York Close 6-day Chart vs.
New York Close 5-day Chart Note all the little Sunday bars on the non-New York close chart on the left. Only a handful of brokers offer a true ’5 Day Chart’ with the correct open and close shape of the daily price bar. My members and I use a 5-day chart with a New York close MT4 data sever to generate my Price Action Trading Signals. So You Need To Find a Good Broker Who Offers the Correct Charts. WHAT BROKER Has The Correct New York Close Charts ?