Best times (see orange box & oval areas) are when a breakout of an chart pattern happens ( ei .. Harami, , or other's happen) OR from an area of consolidating ranging PA. Remember that not all are created equally, some are just what they are... (nothing more). Any forming at a area and might be part of a possible chart pattern, they mean a lot more then in nowhere and in middle of S/R areas.
Another item I placed on this USDJPY 15 mn chart are either RED or GREEN ---> "X's"-- just wanted to show you that by WAITING for the right time to ENTER a new trade either by breakout of a tight price action area/consolidating area or when 9 crosses 26 would have been a VERY safe & LOW risk price action areas for a new trade.
NOTE: This is USDJPY 15 mn chart, but even on both lower & higher TF charts (like 1 mins,5 mins, 30 mins,1 hr ,4 hr , 1 daily or longer ones) these tight narrow sideways/consolidating areas & or MA crosses, you should always notice and new trades should be considered at those times, trade with TREND always.
I place 50 & 200 on charts. I mostly trade by where 50 is, so if 50 is lower then current PA then trade CALLS, if 50 is higher then current PA then trade PUTS. Only time, I go against this RULE is when trend has broken down and PA has hit major S/R areas on chart (like NOW). PA has hit a high and going down again.
200 is a LONG term , which I use to observe if PAIR is still going with major TREND or it is changing. Also, note that when the 50 & 200 do cross over each other especially on higher TIME FRAMES, this gives you BIGGER picture of what is going on with PAIR. When 50 crosses over 200 it is called a GOLDEN cross (BULLS control pair), when 200 crosses under 50 it is called a DEATH cross (BEARS control pair).
Finally, on bottom of chart-- does a couple of things: Overbought >70 or oversold areas <30 areas. 50 level when let you know who controls PAIR at a given time on chart. Safety when trading & finding less risky entry area's helps with money management and longevity in trading. Wishing everyone the best in trading & stay happy/healthy.