Hey Kyle. Excellent question. Again, very elaborate answer from me, but I love to carry over what I can.
My view, i trade any day, every-day where i can. Too many good opportunities goes past on "avoided" days, even short periods before and after major news releases. My opinion is that many confuse the following two concepts.
Momentum and volatility. You do not want to trade in volatile periods. You want to trade with momentum. The most practical way you will experience the difference between the two is: low risk (tight SL) trades does not hold with volatility, it requires huge risk trades. With momentum one can almost reduce risk to broker spread. Designing your plan for a new trade like SL placement should quickly highlight these, hence aims box size etc.
Volatility is erratic price behavior, typically caused by first reaction of news releases, events, VSA maneuvers (you would know), like shake-outs, hidden selling/buying (distribution of smart money -institutions- to weak holders), automated system counter trading, etc. We saw a lot of that this past Friday on eurusd. Big contracts/positions slowly released into the unsuspecting crowds.
Momentum drives price, Momentum lowers risk, increases profit. In short we want to trade when price moves, preferably in one direction long enough to reach a profit ratio. That is why AIMS contain such a huge focus on momentum within structures.
Unlike volatility conditions,
AIMS setup 1 where price range narrows down, followed by a breakout
with momentum, is where we want to be. Alternatively we look for continuation of momentum with
AIMS setup 2's. As far as I have come to understand, AIMS revolves around momentum within structures exclusively. If you keep an eye on Elliot-in-1sec structures, to me that is also momentum, can be called
market momentum. These structures forms and prepares while we plot them with Aimsigator and Ewaves, W3 and W5 the biggest market momentum structures there are....
Being able to differentiate, understand and eradicating this confusion between volatility and momentum, we then can get very interested in days and times when price moves, all days inclusive.
I recommend you change your TF to 1min or 5min, zoom out so you can see a full day of patterns, then scroll across past days and see where price did move significantly. Get yourself an indicator than can mark Frankfurt, London and NY open times, so you now see these opening times while zoomed out.
Quickly you will see where the best times are, intra-day reversals happen etc. (Notice the W5 divergence at each swing (completion of run with momentum loss))
It is something you just have to do and find yourself, it then becomes meaningful and you quickly make the connection.
From that you can decide your times.
I hope this helps B-)
This is just my personal opinion.
Herbert
