Best Time To Trade Best setups
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Best Time To Trade Best setups
Developing a trading methodology and rigidly following your money management rules represent only part of the struggle in becoming a successful day trader. Equally important as the question of "how" is "when." You may have very proficient trading systems and be able to follow your rules, but understanding when to place trades can take your game to the next level. As an active trader, you need to be aware of these different time zones as some of them may be more prone to generating legitimate breakouts and breakdowns while others may be more conducive to range-bound trading.
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These Words Not Mine but it?s the introductory part of an article
http://www.tradingmarkets.com/.site/sto ... -76856.cfm
this article motivated me to build that matrix it?s a kind of organizing traders days to keep focusing in trading at the most optimal times whatever strategies they are using and also to live there lives
and not get killed by spending 100s of Hrs on front of laptop screens which will end with bad performance in trading and personal lives
But To make that happens all of Us here need TRO and other programmers here build a new type of indicators to help us find that proper time to trade
How It will happen : Simply by adding the factor of time in the indicators
Here is an ideas
To have Multimeter to shows when the semafor gives 3s , 2s and 1s per Hr per TF
http://www.tradingmarkets.com/.site/sto ... -76856.cfm
this article motivated me to build that matrix it?s a kind of organizing traders days to keep focusing in trading at the most optimal times whatever strategies they are using and also to live there lives
and not get killed by spending 100s of Hrs on front of laptop screens which will end with bad performance in trading and personal lives
But To make that happens all of Us here need TRO and other programmers here build a new type of indicators to help us find that proper time to trade
How It will happen : Simply by adding the factor of time in the indicators
Here is an ideas
To have Multimeter to shows when the semafor gives 3s , 2s and 1s per Hr per TF
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- Posts: 111
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Example of ZZ semafor /Time dashboard
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- ZZ 1 hr per day.png (4.51 KiB) Viewed 2487 times
Last edited by ahmedalhoseny on Mon Feb 20, 2012 4:51 am, edited 1 time in total.
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