Know the Different Times of the Day Trading
Did you know that the trend that occurs in the U.S. stock can be divided into sequential sequences for "ordinary" trading days? When reviewing this information, remember that the time listed is an estimate, which means you cannot expect to see daily withdrawals/reversals at the same time.
What you will see is that a pullback is common near the time registered. If you are searching for basic forex trading strategies then you can visit various online sources.
Each time listed here is present in Eastern Standard Time, with the opening taking place at 9:30 am and closing at 4 pm. Trends are also based on index movements, which are averages of some stocks and it may be slightly different in some cases.
9:30 AM: – Open time/bell also when there is a push in a certain direction. Prices may also start sawing to and from several times, but in most cases, one direction will win.
If you don't see too much activity in the first 15 minutes, this might be a slow day process. The initial hour is the most unstable time.
9:45 AM: – The direction that dominates that price moves is usually the initial test. Either there will be a real pullback or a completely reversal of the trend.
10 AM to 10:30 AM: -This is another time when the "gut" for trends will come into play. This is when there is another major correction to the trend will occur. This can be a full reversal or a reverse. You can see the context of the actual price movement to determine what needs to be done.