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time-travel-by-nocturnalfate-photobucket1Time is simply a subjective condition of our (human) intuition , but by itself, apart from the subject, Time is nothing.

In physic, space–time continuum is any mathematical model that combines space and time into a single contimuum.

In Forex time is represented by Chart Time frames and Time zones which over lap to provide the most market movement.

Let us first explain the different Time Frames.

For Day Traders.

1m: This time frame in my experience is not a good time frame to trade because your profits will be eaten away by the spreads

5m: This time frame give you enough time to catch trades and allow your profits not to be eaten by spreads.

15m: My personal favourite, It give you a chance to analyze the market and trade and hold your positions for a while allowing profits to flow.

 

For Swing Traders:

1h: This is a good time frame should you want to hold your positions for a day or 2. This frame contains good Risk-Reward.

4h: Good time frame for Currency Carry Trading (This will be dealt with in another post). It allows you to hold your positions for many days.

Time frames go all the way to Monthly time frames all in there waiting for their utilization depending on what kind of trader you are. To find out what kind of trader you are refer to my previous post on Knowing thyself.

Keep in mind that all time frames have advantages and disadvantages compared with the others. You simply need to choose the ones which work better for you. When you’re looking for your favorite time frame keep in mind that if you are going to use technical analysis in your trading, this kind of analysis works better on larger time frames. Any technical indicator works better in larger time frames

Now when to trade is also a huge factor. I personally Time Overlaps. Overlaps happen when two or more trading sessions are open simultaneously.

I can go on forever describing over-laps. The long and short of it is that there is more volatility during the Time overlaps as compared to when the is no overlap. Below is a table from Investopedea showing when overlaps occur.

FX-3market1

Remeber Time is an illusion created by us, inside us, for us, to use in whatever way we choose including making Money on the Forex Market.

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