Category: Trading

  • Forex Market Hours in Your Local Time

    Forex Market Hours in Your Local Time Forex market hours are easier to follow when the session schedule is translated into the timezone you actually use. Unlike a single centralized exchange, the foreign exchange market follows a global network of financial centers. Wellington, Sydney, London, Toronto, New York, Hong Kong, Singapore, Mexico City, and Frankfurt…

  • How To Import IBKR Trades | Flex Query

    How to Import IBKR Trades with Flex Query An IBKR Flex Query can turn a broker execution report into a file you can review in a separate trade journal. Interactive Brokers provides several reports and export options. For a local journal, the important part is creating an Activity Flex Query that includes trade executions in…

  • How To Calculate Forex Position Sizes

    How to Calculate Forex Position Size A position size should start with the amount you are willing to risk, not the number of lots that happens to fit your account. Calculating forex position size by account risk gives you a repeatable way to connect your account equity, risk percentage, stop-loss distance, and pip value. The…