This thread is about trading pearls. Time of Day is important. Traders focus on price action which is king but in the King's Court lies Time of Day. That is WHAT Price Action is doing at WHAT time of day is more important than either independent factor alone. News is released at certain times, programs are initiated at certain times, algorithms reassess at certain times, volume can often tell you what times are important. Time of day is so important that companies and Gov't entities analyze at what time to release news and data. Something to ponder.