Todays Market/intraday Trading of Eminis

[futurebondtrader 10]

Hello, today in the YM market there was a nice and solid smooth drop around 10:30, yet from 9:30 AM to 10:30 AM, there was nothing but slop and chop with some spikes taking out some stops,. From anyone's experience is 930 AM to 1000 AM problematic if you like solid directional moves? Why are there often crazy slop and chop spikes before 10 AM? If you are interested in intraday trend trading, when are the best times to catch a solid move.

 

Thanks

[TheNegotiator 13]

Hello, today in the YM market there was a nice and solid smooth drop around 10:30, yet from 9:30 AM to 10:30 AM, there was nothing but slop and chop with some spikes taking out some stops,. From anyone's experience is 930 AM to 1000 AM problematic if you like solid directional moves? Why are there often crazy slop and chop spikes before 10 AM? If you are interested in intraday trend trading, when are the best times to catch a solid move.

 

Thanks

 

9:30am is when the stocks open. The first 30-60mins is when a good amount of the days volume is traded. It depends what you mean by 'trend' but good moves can happen in the minis at any point (and more and more these days they happen overnight).