什麽時候交易

When to Trade

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 When to trade? We wanted to be sure ourselves, so we took 4 years of historical tic data from a dealer and ran it through a rigorous econometric analysis. The most basic results of that analysis show the importance of understanding and employing timing in your entry and exit decisions.

Hours of the Day

Average range in pips for the four majors, Eastern Time:

Trading Session

Average range in pips for the four majors:

Day of the Week

Average range in pips for the four majors:

Day of the Month

Average range in pips for the four majors: 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.

 


By Scott Owens with Omer Lizotte
FX Engines, Inc.
http://www.fxengines.com

[煤格]

The posted information is really good. But I am not sure if I understand the PIP ranges for trading sessions. Does each number represent the PIP range for a specifc region in a particular day? If so, it seems small, compared to the numbers shown in "Day of the Week."

Any comments?