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Replies to #6000 on FOREX TRADERS
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CPTMatt

01/06/07 11:45 AM

#6013 RE: ultimatepick #6000

I've actually started using the pivot points quite a bit more. They only seem pertinent (or at least having more sway) in certain pairs. I'm not sure when they are calculated or anything like that.

I've got a question though. I can enter/exit trades after hours, for instance I covered two positions in eurjpy after 2200 Friday b/c the bid/ask dropped down to my target.

I'm guessing I was able to do that just because I have a demo account, but can you enter/exit w/ real money? I'm thinking they could just do an electric order matching deal instead of making markets during the weekend and the bid/ask spread would represent the closest orders on the buy and sell side.

I want to trade as close to the real deal as possible, so I may reverse my covered lots and figure out what it would be on Sunday if they sold market first thing.