hello traders its a samurai trade here welcome to this training video I'm going
to be covering a topic that I find it really interesting and hopefully you do
as well and it's something that is almost like folklore in the trading
industry and a lot of people have never even heard of us before that there are
certain times in a day when the market pauses Pull's back or reverses and you
can usually predict these times within about give or take two or three minutes
on either side so we're going to be looking at what these times are but
please remember these times are not exact and I'll show you some charts
where I've marked the times up but a good general guide and so if you're
trading or about to enter a trade say a counter trend trade and you have one of
these times arise you may want to be more cautious now for my students and
clients will be emailing you out one of the charts that I'll be showing you in a
moment which has all of the times actually typed up for your furriest now
understanding the risk of course as I have to put up on every video or every
recording every training session the risk disclaimer if you haven't read one
of my disclaimers please do and you may wish to go to fullscreen because in a
moment I'm going to be showing you some charts and we'll be looking at the times
which I've put up on the slide here so bottom right hand corner will allow you
to go to full screen so what are the estimated time of day turns and
reversals now I've taken these from my own experience over the years over 23
years but also looking at what some of the experts in the industry have to say
about this now what is really surprising there's actually very little written
about time of day turns or reversals yet it can have a major impact on your
trading now let me say this from the outset that for the newer traders you
can say oh here we go we've got just another thing to keep
track of well because most of the turns are every 15
30 minutes to 60 minutes you just have them down on your checklist in front of
you and just simply put a vertical line on your chart when these some appear I
don't always put them up I have been recently because of some one-to-one
training and some institutional work I've been doing I've been putting them
on my own charts but you don't need to have these however it's just another
tool in your arsenal that you can use so this is the Main New York session I'm
sorry for our European colleagues I don't have turn points for the European
market so this is really the New York session on Eastern Standard Time so at
9:35 am. the markets been open five minutes and usually there's a turn and
most of you have heard me say this before for the first 20 minutes of the
market is quite often what I call the killing field that is where the amateurs
lose their money and the professionals take your money and you'll notice
usually there's two or three turning times all within about a 35 40 minute
time frame so you've got them there you might want to type these up if you're a
non-student you can write these down and maybe type them up for my students
you'll be receiving the word document with these on today now just before we
go to the charts and look at these if you're not already a member please
subscribe to my youtube channel all of this and a whole lot more I cover that
work the 12 of the world's best let me get this right it's been a long trading
night again it's early afternoon down here in Australia but now I cover 12 of
the world's best day trading strategies the testimonials he fails to read them
out now you probably wouldn't even believe them they're that good real I've
just meant getting incredible results from my students you've probably seen
some of my videos I've now got over a hundred and fifty videos on YouTube my
course is over 20 hours so go to my website you'll be able to download a
brochure on it or drop me an email and this is really important if you've got
any questions after watching this video you can drop
me an email a trader at I'madaytrader.com and of course for clients that are
potential students or clients I'm willing to give you a 20 minute Skype
call if you haven't already purchased my program so let's now go and have a look
at some charts now for is if you want to go and reference this this is Thursday
this is in US time okay it's actually Friday down here at Down Under
but this is Thursday the 12th of the 11th 2015 so this is in euros sorry
USA time so it's December the 11th and we're looking at the ES 1000 volumes so
I just want to show you a couple of things here so first of all one of the
times is the turn at 9:35 and you can see here at 9:35 we actually had a
bounce off the 89 and we actually call this an 89 be anyway you can see here we
had a nice bounce at 9:35 another predicted trading time here was 9:42 a
natural fact you had a major turn at 3 minutes later at 9:30 sorry at 9:45 now
for my students of the fast-track program you'll recognize a lot of the
trade setups that we've got here and so some of these you may have gone short
here and you actually had divergence it's a counter trend trade of course
your next year major move was 3 minutes later
so you've 9:35 9:42 we travel along then at 9:52 we had quite a move 10:06 within a
couple of seconds what do we got there 10:10 Oh 6:16 you can see you had a nice
reversal now by the way traders this may not look like much of a reversal but in
actual fact there's a couple of points in each of these okay see you've got a
good two points here which is a hundred US dollars per contract hundred US
dollars so you go back and I start to have a look at these 100 US dollars
hundred US dollars on that 100 on that one
it soon starts to add up likewise trading with it there you've got a nice
move on the 10:20 have a look at the 10:30 move okay you've got a fantastic
move there then to the long side you can see we popped up pop back down again
tested below then we move back up on the 10:15 move ok 10:45 that was straight up
after a t20 that pulled back then you had a really nice t21 trade of course
that was was a fantastic move look at the 12 o'clock move the 12 o'clock was
at 12:58 the market started to turn then that's exactly 12 and bang down at went
if we look at the 12:45 okay a little bit of a move up here the 1 o'clock move
within let's see 2 minutes bang it reversed and went on its merry way so
you can see here can be within a couple of minutes now look at the 1:30 turn
spot on bang ok the two o'clock move now that's to then exactly 2 o 1:20 and 2:00
1:48 we had a typical pullback 89 34b and look at the market run 2:45 not so sexy
but you did have a bit of a reversal here
2:20 it was another couple of minutes so you had a double bottom at 3 minutes
later the 2:30 move right at the peak there you can see the 2:30 then fell away
there was a nice move and then you've got the three o'clock move and the 3:52
by the way John Carter writes this about this in his book mastering a trade I
don't generally trade within that time period come three o'clock that's it for
me so trade is trading the market tune
there is potential now let me go back to what I was saying earlier it's it's a
tool and you've got to use it as a tool it is another thing you have to track it
well no not really but it can definitely help your trading results now there is
one thing on time of day as well of course which is a dead zone sorry let me
say that again my hoof sounded correctly the dead zone
the dead zone of course is during lunch time and other periods where the market
can absolutely die and it can get very very choppy now for scalpers you'll see
here and they say that it really kicks on from about 11 onwards you can see
here so right my students is still some fantastic trades so it really depends on
the hey you're trading like look at all this trade see at bang bang bang we've
still got some great opportunities even during for lunchtime periods however you
can be chopped and what we really love to see is these nice long trends now
your T20s during this period you can get chopped up on your t20s as you
can see there unless you're just trading with the 34 trend so traders let's just
go back to the slides here for a moment and so you've got the time of day
reversals so those were all marked up on the charts there students
I'm gonna send this through to you remember it's a tool it can be a very
useful tool as it'll pay you to start to mark them up now if you find you're
already overwhelmed already very busy don't worry about it because the signals
your t1 to t2 s your t25 you're 34 bounces all of those setups pick and
will signal most of these turns anyway very important you know that so you pick
up nearly all of these turns and the confirmation of these turns will be the
fast-track setup and strategies that's what confirms all
of these because how do you know you've got to run you're going by our
strategies anyway so it's a tool so to find out more about the strategies you
can go to my website please drop me an email or even better still for your own
career for you're serious about your trading career invest in the day traders
fast-track program thank you traders see you on the next video
you