04-13-2008, 09:10 PM
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#11 |
Join Date: Nov 2007 Location: Boonville Thanks: 1
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| Re: 233 Tick Chart What basis do you have for this observation?
Well fs My basis is 8 years of experience watching & trading the market. All seasoned traders I've met & know will tell you that 10:00 10:30 11:00 11:30 give or take 5 minuites are key reversal times in the AM ,,,,,2:00 2:30 3:00 are the PM reversals or continuations which ever the case may be. It's been my experience that more volume usually comes into the market around those times. Traders call the time between 11:30 & 2:00 the doldrums, for obvious reasons, thus not good odds for catching a runner. Hope this helps.....ST
I've started watching a 512 on the ES & 233 on NQ they seem to pair up well that way & do give a lil different perspective than a time chart. |
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