Today I have made another small video to demonstrate the thumb rule "One of the extremes usually occurs during the first hour of the trading day."
Click here to watch the video. It is actually up to us to maximize the trading gains using this information. How? I welcome your suggestions and ideas.
Very good observation Dave, will get back.
ReplyDeleteCan we use this rule to take ORB (opening range break out) types of strategies ?
ReplyDeleteDear Daveji
ReplyDeleteAgain an excellent presentation and observation.
Regards,
Veer
Great video. Thank you.
ReplyDeleteOne way to use this information is to have bias to trade. Say we opened and rallied in the 1st hour. Use that info to take long trades assuming LOD is made. You will be right 70 to 80% of the time.
Dear URD,
ReplyDeleteGood Video. Thank You.
Regards,
Dinil