Correct me if I am wrong. The Forex market is open from 10 PM (UTC) on Sunday when the Sydney session starts to 10 PM on Friday when the New York session closes for the weekend. So, for Central Time in the USA the Forex market is open from Sunday at 4PM to Friday at 4PM. Right?
The London exchange closes at 11:00 AM US Central Time, but I'm still getting trade transactions at noon and 4:00 PM. I would have guessed that perhaps the trades were coming out of New York, but I've even seen transactions at 8:00 PM.
Why am I seeing trades at these hours?
2025.05.16...
Thank you. I'm still trying to wrap my head around all of this and validate it by what I see in my demo account. For the dynamic lot sizing, I recently had a buy. But the lot size is not what I would have expected.
Pair: EURUSD
Lot Size: 0.0 (Dynamic, based on risk %)
Risk in %: 0.35%
Stop...
How do I calculate my financial risk in the following scenarios where I loose:
Scenario 1:
• Pair: EURUSD
• Lots: 0.0 (dynamic)
• Risk in %: 0.2
• Max orders: 2
• Leverage: 1:100
• Stop loss in points: 645
• Other factors: Please advise me what other factors need to be included.
Scenario 2:
•...
Please just delete your post. I have no issue with a misplaced post. I've done so myself. I don't appreciate the comment. I would really like to simply have an unanswered post. Thank you.
Never mind. I contacted Forex. The help desk set the balance of my demo account to what I wanted. I've given up on getting help from GalileoFx or this forum on how to change the GalileoFx demo account balance.
How do I set (reduce) the balance in my demo account? My demo account has a balance of $50k USD. Right now, my live account only has a balance of $2k. I'd like the demo account to behave the same as the live account will behave when I start trading. With the vastly different balances, the...
Can anyone provide a detailed explanation of all the input variables? [ab - Global configuration, 01 - Magic number, 1/2 - Lots (0=dynamic), 1/2 - Risk in % (if lots=0), etc.] I asked GalileoFx this question and instead of receiving an answer, I was directed to the forum.
Thank you,
Andrew
I have successfully installed hundreds of applications over the years, but this one leaves me baffled. The installation instructions and screenshots or videos do not match what I am seeing with the software I've downloaded. Here is what I've done:
Purchased Galileo FX Pro
Set up a forex.com...
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