Monday, May 18, 2009

End of Day Review 05/18/09




It is a good idea to keep track of when the market tends to make major moves.
Charles

2 comments:

  1. "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?

    thanks

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  2. Hi NoSquigglyLines,

    Like 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

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