Question to those who look at TIME (/cycle) parameter

Discussion in 'Technical Analysis' started by 030985, Sep 27, 2014.

  1. 030985

    030985

    Good evening,

    It has been something that I have wondered for some time. Maybe some of you who includes 'time' (clock) in your analysis may be able to reply.
    How do you consider the 'non trading time' in your analysis ? ( the question can remain too for people only looking at RegularTradingHours and ignoring ElectronicTradingHours outside of RTH ).

    Let's take an example :
    We take an index and the trading is opened from 8:00 to 22:00.
    We are looking at an upmove that started yesterday at 17:00 and ended today at 10:00.
    Do you consider it as a move that lasted 17 hours (1020 minutes) or do you ignore the closing time and consider it a move that lasted 7 hours (420minutes) ?

    From your analysis, do you think it makes a difference ? Or is everything okay as long as we choose one way or the other ?

    Thank you very much :)

    030985
     
  2. Have done it both ways;
    irregular hours dont seem to be as important to trends, as regular hours .Would not always disreguard a low volume move .