See sample Time Frames here
Intraday Dynamics is an unique intraday timing system for assisting the short-term trader or scalper in determining key points during the trading session when it is most advantageous to be active in the marketplace.
The Time Frames© pinpoint different areas of the trading day when activity is likely to increase (scalping) and/or a short-term turning point is likely to occur (day trading).
The Time Frames© are derived from a number of short-term trading cycles, primarily one-minute cycles, and use specific intraday points as a reference. Traders have been utilizing the windows in the markets since 1985 with a great degree of personal success.
What the Time Frames© are (and are not)
The Time Frames© are primarily subjective. They are designed to be
used in conjunction with other short-term indicators to offer
traders who scalp, or make short-term trades, and "edge" in the
marketplace. There are no magic formulas to the windows. Coupled
with point & figure, 1-3 minute bar graphs, Market Profile tm,
et., the windows can be extremely effective in pinpointing
intraday extremes and trading opportunities.
Intraday scalpers, who don't normally follow technical signals,
have reported that during the Time Frames© they often find an
increased sense of the short-term direction of the market. At
best, these professionals have noted that they can intuitively
follow the tick movement more clearly, and that the Time Frames(
enhance their personal observations.
There are certain times when we will specify
that a window is key to a particular market. hat does not mean
that the window is "exclusive" to that market, it simply means
that bonds or currencies are highlighted in that particular time
frame. A notation is made next to the Time Frame© regarding the
market which may be in focus.
The Time Frames© are computer generated and are ranked in degree
of potential strength with stars ****. The stars number from 1-4
with a "4" denoting the highest degree of probability for an
intraday turning point and/or increased volume of trade.
The Time Frame© KEY is located here and
denotes the nature and language of the symbols. As mentioned, the
asterisks denote potential strength of the window with a "4"
being the highest rating. A "star" denotes a time frame that has
potential to mark a turning point. A +/- denotes a window that has
potential for increased volatility +/- 2 minutes. An "arrow"
suggests that one window is "linked" into a window that follows
marking a period of the day where activity can increase.
Day to day, the most commonly asked questions regarding the Time
Frames© are:
Q: How can I use the Time Frames© to execute trades?
A: Each multi-starred window carries with it a potential
"bracket" of at least 1-2 minutes. Since we are dealing with very
specific and short Time Frames© this is warranted. The critical
windows that have most potential for key intraday activity (or a
turning point/extreme) are highlighted.
The optimum use would occur if the market either ends a move in a
Time Frame©, or begins to make a move shortly after the Time Frame©
passes.
As an example: The market is trading sideways and moves through a
four-star Time Frame© with little or no noticeable price activity.
Shortly after the Time Frame© passes the market begins to break
out of the trading range that was established. These trades are,
in general, the most reliable in terms of actually using the
windows as they are "go with" trades.
Another (more optimum) example would be if the market had been
trending for some time and then suddenly exhausts itself and
reverses. This is also a common short-term occurrence in the
windows and a conscious study of the windows over a period of
time will illustrate this fact.
Q: How do the Time Frames© work in a "fast" market.
Usually a time window will fall at a near key intraday points in
a "fast" market. A good example is if the market moves into a
trading range in a window for 3-5 minutes and then suddenly
begins to move out of that short-term congestion. Those moves
often follow-through for a good scalping opportunity. In general,
whenever the market penetrates a previous Time Frames©' extreme,
it has stronger potential for follow-through in the primary
direction of the intraday trend.