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Futures indexes generally trend the most up to 11a and after 1p Chicago
time. 11a-1p is often range bound and dead money time or worse yet, time
to get stops run.
Earl
----- Original Message -----
From: "Steve Roberts" <steve80866@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, March 11, 2000 10:33 AM
Subject: [RT] Best Time of Day for Trading?
> Time for my weekend ponderings: I've been working on a congestion
breakout
> technique that exits at a price objective, applying this to the 5
minute
> e-mini and the Small Nasdaq. I've been noticing that it often works
much
> better in the first 2 or 3 hours of the session. Now, this may be
wishful
> thinking, since I'm a part time trader and spending a couple hours
with the
> market and then heading for the office appeals to me, but I wonder if
there
> is anything to this?
>
> Can anyone shed any light on time of day trading? When would it be
most
> likely, and when would it break down?
>
> I expect it would break down when the market is quiet while waiting
for
> reports or Greenspan to speak. Other thoughts on this?
>
> Thanks,
>
> Steve
>
>
>
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