Clock Time Stratagies

Hi,

As well all know trading is about price action and pattern recognition do any traders monitor and look for trends according to the time when a breakout occurs or a trend reversal? Do you notice a pattern and use that as a signal of confluence?

Thanks.

hey P


does it really matter ?

if you think this is a possible edge test it yourself.......and if it works trade it

N

Pipsaholic said:

As we all know trading is about price action and pattern recognition

Click to expand...

not for me it isnt

Dang pips your name should be postaholic! HahA

But hello again, yeah I use time - Economic releases, I like dailyfx's list. And the London Close sometimes. And there are cycles too, sounds like you've got your research cut out for you.

Good Studies

yeah I am thinking if price pushes at certain times of the day more frequently than the other could that not be another confirming signal in your tool box we all now when London, New York, Frankfurt open price is pushed apart from the news it would be good to know what times price pushes the most like a percentage indicator would be handy.

You could test the volatility following certain economic releases like rate decisions, GDP, consumer price index. If you find a spiking pattern, then you would need rules to trade it. Pretty straightforward. Those times tend to change, but sometimes are identical for a few days.

You are totally right on knowing % moves at different times - very interesting. I wonder if there are steady patterns or if the patterns tend to shift.