Market reference values are mainly created by patterns; time of day is not given as much weight.
The benchmark value of the market is not emphasized by pivots or by time bands
It is indeed observed, but it is merely technical in appearance, dressed up as fundamental
They are a strategy that combines both fundamentals and technicals
Used alone, it "does not function at all"
In the first place, there is no effectiveness for time-band trading
Most time-band trading mentions time, but
that time band only means that trading in each country begins
Although not cryptocurrency, the market is open 24 hours on weekdays
Unlike stock markets, there is no such scheduled timing meaning
This becomes clear when looking at the cryptocurrency market
Compared with FX, cryptocurrencies tend to have more stubborn rebound strength
But in the case of FX, it is only open on weekdays 24 hours
So there is a tendency for rebounds when those are included
The elements added here are fundamental
Not a fundamental of time band
A fundamental technical market is formed within market hours limited to weekdays
You must recognize this fact
Time-band trading and technical trading are similar in that
If you become too loyal to supporters of such things
you will only be controlled by the market
To conclude
Time-band trading is effective
However
If you use it in a technically specialized way
you must understand that any trade can become unusable
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