True. unless each watch had one handle. One watch showing the hour, another minute and another second, combined you have increased your precision of timing.
wallace, have you studied using the 7-10 est timeframe as 1 timeframe and the rest of the day as another
hi ammo: no if you're referencing your question to 'best trading hours', while the majority of the trading volume occurs during those hours, I don't associate end/start of trends or large price moves with those hours or the volume attached displays green v line between 6-7am est, red v line between 10-11am est on 60 min eurusd chart, similar can be found for es
i was hoping you would figure a way to tweek and look at it.i am one of the guys who couldn't set up the vcr
you're not alone there, me, it's trying to set the correct time on my cell phone re trading profitability, 2 accounts: intraday/scalp but Day-to-Days trade particularly with fx as there's no increase in margin for o/n trades
rarely daytrade,when i do ,the rust shows,just trade the s/r #s and hang on for the ride trying not to close position's early
I recommend that you read: Technical Analysis -- Using Multiple Timeframes by Brian Shannon....it's really expensive however...I photocopied the entire book from a friend of mine that purchased it. I found it to be very helpful.