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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Gary E who wrote (17106)3/1/1999 6:26:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
Volume dies compared to the first 90 minutes.

I think it's a combo of several things. The overseas money getting placed by 10, the guys who crowd the pits at the Open but are back at their desks by 11, stuff like that.

I like to note where everything seems to be twisting, looking for certain points or pivots, early during the first hour and then play my trades using them as somewhat of a guide. I've had days where I had a trade on for less than 10 minutes and just shut down. Often you can tell, at least I think that I can, that the best trade all day was in the morning so why beat your head into a wall, if you know what I mean.

EDIT SI is delayed, so I'm just going to hit submit without preview and see what time this eventually posts. I've been trying to send since perhaps 4:05 or 4:08.