I just concentrate on the hours between 8am and 6pm AEDT. I trade shares also and this
suits me. If a trade triggers during these hours, I'm in. If it triggers overnight, I am in
next day if price hasn't moved too far. So no reason to stay up and trade at night.
News events is something I will test for a couple of months during those hours. Tweak it a bit
to see what results are possible. At 1:1 you would want a very high success rate.
I trade on set T/Ps and Stops and accept much lower winning ratios, If the trade is closed
overnight, done and dusted, if it is still running next day and is a winner, I may take the
option to extend TP or drag Stop to a new level of possible Sup. Res.
If I can trade News events in the hours I trade and it proves to be successful, I will keep
trading them. I know it is not the same system Dave trades, but he put it out there for
discussion. Unfortunately no one is discussing what could be a very good system of his.
