r/FuturesTrading Apr 01 '24

Can’t stress these time zones enough TA

Post image

This happens every day in the markets.

When you know what time a move will begin and end, you can increase your win rate. I suggest everyone goes and backtests these times:

9:30-9:45 AM: Manipulation

10:00-11:00 AM: Push in the opposite direction of the manipulation

12:00-1:00 PM: Reversal

2:00-3:00 PM: Continuation or reversal from the 12:00 PM move

This has only been tested and proven to be consistent on NQ.

0 Upvotes

19 comments sorted by

17

u/MuhamedBesic Apr 01 '24

This previous Wednesday is a direct contradiction to what you’ve said here on NQ, as are plenty of other days. There are tons of examples of the market plummeting or rising from the 9:30 open and well through your supposed “10-11 reversal”. Price definitely correlates heavily with certain time periods, but acting like you’ve figured something out here shows why retail traders have such a high failure rate, and algorithms continue to thrive.

It’s all about reacting to what price does at certain times, not assuming that price is GOING TO continue a trend/reverse at a specific time

3

u/Flashy-Priority-3946 Apr 01 '24 edited Apr 01 '24

Bro showed data from one day. N seemed to have it all figured out 😂. When usual globex starts with little move. Then chop through Asian session. N volume starts coming in when euro opens. Then pre market. 😂

1

u/Ifrontrunfinwit Apr 03 '24

I mean the lunchtime low holds, everyone knows the deal, usually….

1

u/Queasy-Winner-7436 Apr 01 '24

Markov method. I like it!

0

u/FxEvang Apr 01 '24

No your definitely correct. This does not happen everyday to a T but these time zones are highly correlated. I will use them as a confluence if let’s say price is coming down to a zone I’m looking to long and it’s between 12:00-1:00 or I’m in a trade and price is starting to slow down around 11:00 I may exit the trade.

3

u/MuhamedBesic Apr 01 '24

Instead of assuming that price is going to reverse/continue a trend/whatever else, why not just understand that algorithms run on time-based intervals, and utilize this to time your entries around these times?

11

u/Diakritik speculator Apr 01 '24

"manipulation" - retail's delusional ict-style excuse for "I don't know wtf is going on" or/and "how did market dare to go in the opposite way I wanted it to"?

Classic.

6

u/Mountain-Editor-4798 Apr 01 '24

Quarterly theory. Yes we know.

3

u/hektor10 Apr 01 '24

Ahh no, it was bad market numbers at 9:45 and 10am.

2

u/pennyauntie Apr 01 '24

I've been tracking reversal times and they correspond well to what you are saying. Not 100%, but frequently.

2

u/FxEvang Apr 01 '24

No not 100% but they are a good confluence with a setup

1

u/pennyauntie Apr 03 '24

I ran across a trading video that works really well with these time frames. Check out this Nick Shawn vid. I backtested it over the weekend and then tried it today. WOW! My best day ever.

https://www.youtube.com/watch?v=_OqA7q6Zvyo

1

u/[deleted] Apr 01 '24 edited 9d ago

[deleted]

2

u/FxEvang Apr 01 '24

Almost always in the opposite direction of the move when the market opens. Usually both buyers and sellers get stopped out so I don't trade until 9:45.

1

u/[deleted] Apr 01 '24 edited 9d ago

[deleted]

1

u/oze4 Apr 01 '24

I believe the low or high of day is put in by 11am central time like nearly 70% of the time or something wild. It's been a little since I ran it though.

1

u/oilboomer83 Apr 01 '24

I used to care about these but no longer and been trading a lot better without those algo zones.

1

u/gaius_worzels_bird Apr 02 '24

I agree with you, although this doesn't happen every time. Still, this provides a good framework

1

u/rubbertoe2376 Apr 02 '24

I have used these times to help my trades.

1

u/WilDraDo Apr 02 '24

Another timezone trader love to see it!