Sunday, July 19, 2009

Difference between FXCM's MarketScope Close and ProRealTime Close

Hi All,

I realised that the closes are different on these two different charts, hence I decided to listen to Courtney Smith's Newbie Webinar and realised that ProRealTime Closes is based on GMT 00:00 which is 8am Singapore Time. But MarketScope's Close is based on 2 hours before that.

Therefore the difference of time. Great! Solve the mystery finally :)

Your Friend,
Max Tay
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2 comments:

  1. UnknownJuly 20, 2009 at 2:40 PM

    Hi Max, you did a great job here!

    I've registered an account with FXCM micro too. But haven't started to trade. Are you using FXCM micro trading station II to put in your orders?

    For your inside days, what time you exit in Singapore Time? Do you based on ProRealTime or MarketScope?

    Cheers,
    Cody

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  2. Max TayAugust 6, 2009 at 1:11 PM

    I exit all my day trades before 8am :) so that I can analyse my trades from 805am :)

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