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  1. #1
    Solid Member Zanadu's Avatar

    Expiry Calculation !!!

    Hi,

    I am sure in BO everyone will agree that the time of setting the correct
    expiry time is as important as setting the right entry time.

    I always face difficulty in setting the right expiry time and I depend
    some very rude (primitive) form of calculation to find out the expiry time.

    Could the pros share some insights on this subject ?

  2. #2
    Active Member Kius's Avatar
    I too would be interested in this. Looking forward to some PRO lovin' on this!

  3. #3
    Solid Member Zanadu's Avatar
    Hi Pros

    Regret to notice nobody has given a guideline for selecting an appropriate expiry time !

  4. #4
    Specialist Member marc's Avatar
    I would give you a clear guideline, if I had one ... but using multi-timeframes is possibly the best tip, I can give you here

    I try to analyze/make a guess, where price will be at which time using different timeframes ... so usually I have 15M and 5M open and place trades between 5-15 or 30 minutes ... the market will move faster/slower sometimes, trending/go flat ... and to get the expiration right, you will have to anticipate all these differences ... and indicators are usually more reliable in higher TFs ...

  5. #5
    Veteran Member hchandra's Avatar
    Would really love to give fix guidelines to choose rules, but no rigid rules to follow, but from my experience, you can try:
    1. In what time frame you trade? 5 min/15m/1h/4h/Daily/weekly?
    Personally I never choose expiry under 4 hour because that is too fast for me. I watch Daily/weekly/monthly chart and I choose expiry of Daily/Weekly/Monthly
    Will it be right? I believe pattern in daily chart will work for several days, weeks, maybe month. 4 hours chart will work for 4 hours, daily expiry

    2. Look at major news when BO active until finish line (Expiry), if you Call EUR/USD and near expiry there is FOMC news and market favor tapering maybe your call will fail miserably.

    3. No need to over complicate things, no one can predict perfectly

  6. #6
    Solid Member Zanadu's Avatar
    Thank you Marc and Chandra for your valuable insights

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