Which timeframe to watch for your profile, and at what times the market really moves.
The market is open 24 hours a day, five days a week, but high-quality signals only show up at specific places and specific times. Learn to look only when it is worth it.
Before you know where you are going to enter, you need to know where you are.
The market is fractal: what you see on a lower timeframe is just a micro-move inside a larger trend. Look at a forest from a car window and you see trees going by. Look at it from a plane and you see that the forest hides a lake. What looks like a strong impulse on M5 might just be a simple retracement on H4.
That is why you always go from big to small, the top-down analysis:
Never confuse the two. Many beginners do the exact opposite: they open TradingView, zoom straight into M1 and try to guess where the market is going. We have all done it, but it is like sailing without a map, or running around like a headless chicken.
You obviously don't need to watch 50 timeframes at once. You pick a few, depending on your personality. The sequences below are suggestions, not rules. Adapt them to your strategy.
| Profile | Analysis (HTF) | Structure | Execution (LTF) |
|---|---|---|---|
| Swing trader | Weekly | H4 | M15 |
| Intraday trader | Daily | H1 | M5 |
| Scalper | H4 | M15 | M1 |
You are a swing trader if you don't want to spend your life in front of a screen. Your positions stay open for several days. You place your orders and let the market work: perfect if you have a full-time job. You will need patience, though, because opportunities take time to show up. Your sequence:
You lean toward intraday trading if you need action and feedback within the day. Everything plays out in a few hours, sometimes in a few dozen minutes:
And finally, if like me you prefer to know the outcome of your trade within the hour, you are a scalper. It is more intense, more stressful, and everything plays out within the session:
Choosing your timeframes is not a technical question. It is a question of personality, lifestyle and stress tolerance.
The smart money, the institutions that actually move prices, doesn't step in at random. It has its own time windows, its hunting hours. These windows are called killzones.
Outside these windows, the market often idles. It moves, yes, but without clear intent. And without intent, there is no valid trade.
Here are the three major sessions to know, in New York time:
| Session | New York time (EST) | Characteristics |
|---|---|---|
| Asia | 20:00 - 00:00 | Ideally a consolidation phase |
| London | 02:00 - 05:00 | Volatile. Often prints the high or the low of the day |
| New York AM | 07:00 - 11:00 | Often powerful sessions, driven by US economic news |
| New York PM | 13:30 - 16:00 | Often powerful sessions, driven by US economic news |
Watch out for daylight saving time: for about two to three weeks in March, and one week between late October and early November, the time gap between the US and Europe shifts. My two favourite sessions are highlighted: London and the New York morning.
If you scalp or trade intraday, only trade during the killzones. This is non-negotiable, because that is where the liquidity is, and therefore the volatility. If you swing trade, you can do without them: your time horizon allows it.
Wait for the killzones, London or New York, and only trade in the direction your HTF gives you. I lost a lot of money trading dead hours because I was bored. Boredom is a trader's number one enemy. When there is nothing to do, you do nothing. That is a skill too.

The rest is in the book
These pages are the first part of the book. The rest answers the two questions that matter: which pair to trade, and when to enter.