Currency ConverterKnowing when the market traditionally (statistically) makes a High or Low can assist with your analysis and you maybe be able to put another tick into the box and trade with a bit more confidence
The statistics below show that the SPI (historically) makes a High in May (asit did this year) then trades down the Lows in June (time will tell) and then maybe .. a bounce up into a July intermediate High and down into an October low.
This is ONLY a probability – but knowing the history may assist you with looking to the future
You can add to the historical analysis by identifying and keeping track of the market heartbeat (this is the same heartbeat that GATE identified in Nov 2010) and continues to work very well
Include Price and Time Ranges that are active in the market
Knowing the historical months for making Swing tops and bottoms and combining this with your knowledge of the current time and price ranges that are active in the market will assist you to trade with more confidence.
You can see the current time and price ranges for the short term swings (weekly) as well as the longer term swings (monthly)
Pinpoint your Entry and Exit with Intraday knowledge
Knowing the time of day your market traditionally (historically) makes a seesion High/Low or what time the majority of swings are made can assist you with more favourable entry or exit prices.
Know your market – trade with confidence. Know when market may turn, when time and price ranges are repeating, and what the intraday activity may look like.
The charts below is a 8 minute swing chart as well as 2 charts – the first showing when the most session highs or lows are made , the second when the most swing tops or bottoms are made – these are 24 hour session (includes the night market)
