When to Trade

By Scott Owens with Omer Lizotte
One of the key elements of any trading system
is market timing. Many traders fail to account
for timing when making trading decisions, and
those who do often rely on their instinct of
market timing rather than empirical data. The
sophisticated investor uses advanced timing
techniques to optimize market entry and exit.
ANALYSIS
• Hour: Which hours of the day will produce the best trades?
• Session: Which trading session has the most action?
• Day: What is the range for particular days of the week?
• Month: Do the days of the month differ?
ACTION
• Correlate your engines to optimal trading ranges
• Test your engines according to a specific entry schedule
RELATED MATERIAL
Test-drive FX Engines for free online at www.fxengines.com to see the power of
system building, system testing, and system automation.
ABOUT THIS REPORT
The Forex Report is a periodic publication that investigates advanced strategies
for superior trading performance in the foreign exchange markets. These
reports utilize advanced statistical and econometric modeling techniques to
create new insight into the trading strategy of the average trader. This Data
Brief, When to Trade, is intended for all audiences, including those new to the
forex market.
To learn more about The Forex Report or to register for delivery of all future
reports by email, including Case Studies & Data Briefs.
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