"It is a good idea to keep track of when the market tends to make major moves."
Hi, been stopping by for a few weeks now and enjoying your take on things - would the above suggest that you have found value to these times and would you care to elaborate further?
When the market is in a strong trend, there appears to be times when the market fades the move and then reverts back to the trend direction creating a few range expansion 5-minute bars.
1015 to 1045 ET, 1220 to 1245 ET, 1420 to 1430 ET and 1530 to 1540 ET are times that have caught my attention in the recent past. May try to do some type of statistical analysis in the near future to prove or disprove.
" I never blame myself when I'm not hitting. I just blame the bat and if it keeps up, I change bats. After all, if I know it isn't my fault that I'm not hitting, how can I get mad at myself?" Yogi Berra
"There is nothing like losing all you have in the world for teaching you what not to do. And when you know what not to do in order not to lose money, you begin to learn what to do in order to win. Did you get that? You begin to learn!" Reminiscences of a Stock Operator by Edwin LeFevre
"Creative persons differ from one another in a variety of ways, but in one respect they are unanimous: They all love what they do. It is not the hope of achieving fame or making money that drives them; rather, it is the opportunity to do the work that they enjoy doing." Creativity by Mihaly Csikszentmihalyi
"Be very, very careful what you put into that head, because you will never, ever get it out." Thomas Cardinal Wolsey
"I haven't trusted polls since I read that 62% of women had affairs during their lunch hour. I've never met a woman in my life who would give up lunch for sex." Erma Bombeck
"It is a good idea to keep track of when the market tends to make major moves."
ReplyDeleteHi, been stopping by for a few weeks now and enjoying your take on things - would the above suggest that you have found value to these times and would you care to elaborate further?
thanks
Hi NoSquigglyLines,
ReplyDeleteLike your blog name.
When the market is in a strong trend, there appears to be times when the market fades the move and then reverts back to the trend direction creating a few range expansion 5-minute bars.
1015 to 1045 ET, 1220 to 1245 ET, 1420 to 1430 ET and 1530 to 1540 ET are times that have caught my attention in the recent past. May try to do some type of statistical analysis in the near future to prove or disprove.
Charles