Hi,
I’m new to Forex trading so any help would be greatly appreciated. I have been reading about different systems and some of them talk about working out the last session’s highs, lows and opens and closes. The question I have is that do I have to work these out using a generic time frame; for eg. GMT or can I do it using my own time frame (Sydney time)
For example, I live in Sydney; if I was to work out the opens closes etc for yesterday, can I work this out in Sydney time or do I have to work do it using GMT and then translate that time into GMT+10??
I hope this question makes sense… Thanks in advance.