Lenovo wrote: Thu May 22, 2025 4:08 pm
you made me curious, next week I'll try it on aus200 too, I'll sleep in the European afternoon
My friend,
If your are interested in this instrument, I think it is possible for you to look at it in your preferred time-frame.
I don't know if this will work, but I have tried to take a short video of the AUS200 with a sessions indicator. I prefer the open simply because I am awake at this time and ready to trade. There are days when the AUS200 actually has bigger movement in London, or even New York sessions.
As you can see the Daily Open line is a very important level - note that a few times price returns back to the open and then bounces off! Potential great trades for European evening and NY session traders.
I do not trade these because sleep is one of my secret weapons. When I sleep well and am rested I can trade better.
For beginners - please understand I am NOT ADVOCATING TRADING THE AUS200, OR HK50 - I have made a conscious choice to trade these. Find what interests you! Whether that is gold, bitcoin, indicies, or forex. My advice is pick ONE instrument and the f$ck out of it. Learn it inside out, keep learning and changing until you are making money, get bored of trading, then rinse and repeat.
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Journals help - if you are trading badly, identify what your mistakes are.... and change your behaviour.
Guys, there is alway a trade to take, always money to be made, it's right there waiting - trade what you love, trade the time-frames that speak to your personality, and enjoy the process of incremental progressive improvement.
I hope this helps.