Price Action Lesson 8 - Time of Day as an Indicator

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Comment by Jim S. on March 17, 2013 at 12:20am

Hi Dave - thanks for the videos they're very helpful.

I have a question about Daylight savings time (USA) and London open and the Pre-London trade.  Currently London isn't on Daylight Savings but will be on March 31st... I've been using 12:00am PST or 3:00am EST as the London Open, but now with Daylight Savings I'm trading it at 1:00am PST or 4:00am EST.  Also I think FXCM has dropped one hour of candles when the time change occurred.  Anyway I'm now not sure about the "when".

Also my session indicator is off when I backtest... The more I think about the more messed up things become during the Daylight Saving (summer). 


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