I remember some time back a member asked if there are key times of the day for trading. Here are some times that I pay attention to for my intraday trading. (All times are EST)
5:00am - Europe and London can start a trend that goes for 30-50p
8:10am - Let those NY boys get fully engaged before doing anything rash
10:15am - Europe anticipates closing and starts taking profits/closing positions
11:15am - London anticipates closing and can slow or stop a trend. I never open a position after 11:00am.
Just something for thought or to watch. Good luck everybody!
5:00am - Europe and London can start a trend that goes for 30-50p
8:10am - Let those NY boys get fully engaged before doing anything rash
10:15am - Europe anticipates closing and starts taking profits/closing positions
11:15am - London anticipates closing and can slow or stop a trend. I never open a position after 11:00am.
Just something for thought or to watch. Good luck everybody!