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Welcome to MIM Algo, where real-time insights and powerful market analytics are at your fingertips. With MIM Algo, you can unlock high-probability trades, spot opportunities others may miss, and execute with precision. This is your competitive edge in the market, designed to help you trade smarter, faster, and more confidently.
Your success starts with knowledge and strategy. That’s why we strongly recommend diving into Your Step-by-Step Guide to High-Probability Trades. It's the key to mastering the process of identifying successful trades, helping you maximise every opportunity and build consistent trading success. Get familiar with the guide to make sure you're on the right path from the start.
Best Time to Analyse the Markets
For optimal preparation ahead of your next trade, review the market at the start of each hour, ideally between the 1st and 15th minute, once the previous hourly candle has fully closed.
Market Conditions and Trading Times
Trading success depends not only on strong setups and indicators, but also on aligning your strategy with broader market dynamics.
The information below offers a structured approach to adapting your trading style based on the week of the month, day of the week, and session being traded, factoring in volatility, liquidity cycles, and shifts in market sentiment.
Monthly Trading Cycle Overview
The financial markets exhibits distinct behavioural patterns across each month, shaped by institutional flows, macroeconomic catalysts, and liquidity dynamics. Understanding this rhythm can improve trade selection, risk allocation, and timing. This overview breaks down the four-week trading cycle, outlining what to expect and which strategies are best suited to each phase.
| Week | Market Behaviour | Recommended Strategy | Risk Profile |
|---|---|---|---|
| Week 1 (Days 1–5) |
Volatile, choppy, driven by major economic data (NFP, PMI, CPI) | Mean Reversion / Range Bound / Short-Term Momentum & Breakouts | Lighter Risk |
| Week 2 | Trending conditions begin to form as major participants digest data | Trend Following / Momentum / Breakouts | Normal Risk |
| Week 3 | Strongest directional conviction and liquidity | Trend Following / Momentum / Breakouts | Full Risk Allocation |
| Week 4/5 (Final 5 trading days) |
Market rebalances and consolidates around key levels | Mean Reversion / Liquidity Traps / Short-Term Momentum & Breakouts | Lighter Risk |
Weekly Strategy Framework
Monday: Often sees price discovery and false moves. Best for: Light exposure, range-bound plays, observing trend formations.
Tuesday – Thursday: Highest liquidity and follow-through. Best for: Breakouts, Trend Continuation, Momentum entries.
Friday: Can reverse early-week trends; often mean-reverting. Best for: Quick scalps, fading extended moves, taking profit on trend trades.
Use Friday as a review + de-risking day, especially near month-end or major event weeks.
Session Timing Overview
Asian Open Session (00:00–02:00 UTC)
Overview: The start of the Asia-Pacific trading day. While generally lower in volatility, this window can spark early directional moves, specially when the NY session ends with strong momentum or there’s anticipation around Asian economic releases.
🟢 Best For:
- Next-Leg Leaders – Continuations from strong NY trends.
- Daily Volatility Momentum – Sustained open interest and volume expansion.
- Previous Hour Breakouts and Current Hour Breakouts – Capturing early reactions to global conditions.
✅ Why It Works: Thin liquidity meets fresh daily participation, producing modest but tradable moves.
📅 When to Focus: Mondays and Wednesdays of Week 2 and Week 3.
Asian Afternoon Session (02:00–06:00 UTC)
Overview: The quietest phase of the trading day. Low volume and volatility prevail unless macroeconomic events (RBA, BoJ, CPI, etc.) disrupt the calm.
🟢 Best For:
- Mean Reversion – Fading minor moves back to VWAP or daily mean.
- Previous Hour Breakouts and Current Hour Breakouts – Only act on high-conviction setups with strong confluence and moves with increased 1-hour Open Interested change above 0.50%.
✅ Why It Works: Low liquidity and weak conviction create a "grind zone" ideal for patient setups.
📅 When to Focus: Early week (Monday–Tuesday) during Week 1 or Week 4.
London Session (07:00–10:00 UTC)
Overview: The first major liquidity injection of the day. European participants act on overnight developments, often triggering breakout volatility.
🟢 Best For:
- Trend Following – Clean directional setups.
- Daily Volatility Momentum – Sustained open interest and volume expansion.
- Previous Hour Breakouts and Current Hour Breakouts – First-hour moves with strong participation.
✅ Why It Works: London flows drive early price discovery and establish daily direction.
📅 When to Focus: Tuesdays–Thursdays of Week 2 and Week 3.
New York Session (12:00–20:00 UTC)
Overview: The most active and liquid session. NY overlaps with London (12:00–16:00 UTC) and includes major economic releases (typically 13:30–14:30 UTC), which often define intraday direction.
🟢 Best For:
- Trend Following – Continuation plays post-data.
- Daily Volatility Momentum – Sustained open interest and volume expansion.
- Previous Hour Breakouts and Current Hour Breakouts – Catalyst-driven level breaks.
✅ Why It Works: Deep liquidity and institutional execution create dependable follow-through.
📅 When to Focus: Midweek (Tuesday–Thursday) during Week 2 and Week 3.
Late New York Session (20:00–00:00 UTC)
Overview: As U.S. and European traders exit, liquidity dries up. Price often consolidates or retraces, offering prime opportunities to fade moves or build positions into Asia.
🟢 Best For:
- Mean Reversion – Target overstretched price action.
- Daily Volatility Momentum (focusing on symbols with extreme funding rates) – Watch for late-session pullbacks or reversals.
✅ Why It Works: Low volume and algo flows create clean, controlled reversals.
📅 When to Focus: Fridays during Week 1 and Week 4.
Tips for Beginners
Getting started in trading can feel overwhelming, but sticking to a consistent, disciplined process makes a huge difference in your long-term results.
Below are essential tips to help you build strong habits and avoid common beginner mistakes:
- Understand which trading strategy best suits the current session and market context. This includes the time of day, day of the week, and the phase of the monthly cycle.
- Always review the Economic Calendar and identify any high-impact news events (e.g. CPI, NFP, FOMC) scheduled in the next 24–48 hours. Volatility from these events can disrupt otherwise valid setups.
- Avoid entering trades in the two hours leading up to the Asian or New York session open. These pre-session periods often feature low liquidity, erratic price movements, and false breakouts as the market positions itself ahead of fresh order flow. Waiting for the session to begin allows you to trade with clearer structure and stronger confirmation.
- Analyse Bitcoin’s 1-hour structure and direction before trading altcoins. BTC sets the tone for the entire crypto market. Trading in alignment with it significantly improves trade quality.
- Focus on mastering one core strategy. Become a master at either Trend Following and Momentum or Mean Reversion before introducing more complexity. Apply it only during the sessions and weekly phases where it performs best.
- For trend-following trades, only enter in the direction of the symbol’s prevailing 1-hour trend. Avoid counter-trend trades unless you're using a defined Mean Reversion setup.
- Identify and mark key support, resistance, and liquidity levels before the session begins. Plan how you'll react if price breaks through or rejects from these areas.
- Set clear entry, stop loss, take profit, and invalidation levels *before* entering any trade. Don’t trade off emotion or improvise mid-trade.
- Prioritise trades that offer a minimum of 2:1 risk-to-reward ratio. Avoid setups with limited upside or poor risk alignment.
- Never risk more than 1–2% of your total account balance per trade. Going beyond 5% significantly increases the risk of emotional decision-making and account drawdown.
- Stick to a firm daily loss limit (e.g. 5% of your total equity). If hit, stop trading for the day. Your job is to protect capital first.
Bonus Tip: When using a Trend Following strategy, your probability of success increases when the symbol’s trend aligns with the broader market trend, specially Bitcoin’s 1-hour direction and overall risk sentiment. While this isn’t a strict requirement, it adds valuable confluence to your trade idea.
Explore Key Pages for Further Insights
Once you're familiar with the basics, the following pages will provide you with more in-depth insights to guide your trading decisions:
- Premium Scanners – For advanced traders, this page offers high-quality, real-time scanners that identify market trends and opportunities across various criteria, helping you make informed trading decisions quickly.
- Market Overview – This page provides an essential snapshot of the entire market’s performance, allowing you to analyse major liquidity metrics, volatility, and key market changes. It’s perfect for those wanting to gauge the broader market conditions before diving into individual trades.
- Full Market Data – Explore all USDT Perpetual Contracts that meet strict liquidity criteria. This page offers a comprehensive list of contracts with high trading volume and open interest, giving you the ability to drill down into specific markets with ease.
- Charts & News – Access all advanced price and open interest charts, up-to-date news, symbol specific performance metrics, and the Major Economic Events Calendar to stay informed on critical market-moving events, helping you make smarter, more timely trading decisions.
By using these pages in conjunction with the basic strategies outlined above, you’ll be able to refine your trading approach and stay ahead of market movements. Each of these resources provides essential data and analysis tools that will help you make informed decisions based on real-time market dynamics.
Resources and Links
- START HERE → Your Step-by-Step Guide to High-Probability Trades.
- For detailed explanations of each data column and its application, refer to our data dictionary here.
- Access previous trading day's performance analysis and insights here.
- Access current trading day's performance analysis and insights here.
- Review charts and top news for each Perpetual Contract symbol here.
- Use the Day Traders Checklist to help improve your trading success here.
- To learn how you can manage risk during economic news days, go here.
- To learn how to use the Open Interest data to make smarter trading decisions, go here.
- For a comprehensive guide on how to use funding rates to make smarter trading decisions, go here.