"Lunch time" [Newbie] - MarketTicker Forums


	Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2012 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda) RSS available You are not signed on; if you are a visitor please register for a free account!

Sponsored Advertising

To remove advertising from your display upgrade to Gold Donor status

MarketTicker Forums Read Message in Newbie

User: Not logged on

User Info	"Lunch time" in forum [Newbie]
Francusmarcus Posts: 3 Incept: 2012-04-29	Hi all I heard people say that there is a quieter period around lunchtime when the market is not that active. Is that true and generally when (EST time) is that? Thanks 2012-05-10 17:13:33 Permalink
Genesis Posts: 130663 Incept: 2007-06-26	Yes; typically around 11:30 ET until about 1:00 or thereabouts. Volume typically dries up a lot. ---------- I don't care* if it makes sense -- only if it makes money. -- Me* Bank (n): See scam, fraud and theft. *Eat a bankster -- they're low-carb.* *What part of "shall not be infringed" was unclear?* 2012-05-10 17:16:50 Permalink
Francusmarcus Posts: 3 Incept: 2012-04-29	Oh thanks Do daytraders trade much after 1pm? That's the only time I can trade these days but I find it much harder and unpredictable - infuriating so actually 2012-05-10 17:20:57 Permalink
Genesis Posts: 130663 Incept: 2007-06-26	The afternoon is typically a pretty good time although I tend to not add to anything in the last 30 minutes. ---------- I don't care* if it makes sense -- only if it makes money. -- Me* Bank (n): See scam, fraud and theft. *Eat a bankster -- they're low-carb.* *What part of "shall not be infringed" was unclear?* Last modified: 2012-05-10 17:26:03 by genesis 2012-05-10 17:25:47 Permalink
Gamma Posts: 5546 Incept: 2008-01-20 Northern CA	Just another opinion: The afternoon can be a good time IF you are positioned going into the afternoon. My view is that: The bulk of the market's movement is established or "launched" if you will, by the opening gap or the opening futures offset from fair value. It is true that afternoon is sort of its own trading session, and obviously every day is different and nobody can predict the future... But if you open up your browser onto the market in the afternoon and that is the effective "start" of your trading day, I think that is a less than desirable situation. The energy of the open is largely expended. It's kind of like a guitar strong that has been plucked and you're coming in a second or two or three after the initial attack of the note. You're kind of missing the flavor of the initial attack of the [real] open. The afternoons tend to be good when the mornings are whack-downs. Lately, there have been nice recoveries in the PM session. But on mildly trending days, I think a PM start is probably statistically disadvantaged. Just another opinion. ---------- This stuff we're going through, this is nothing compared to the Middle Ages. They told me if I voted for John McCain, an idiot would be a heartbeat away from the presidency. Sure enough... 2012-05-10 17:52:54 Permalink
Francusmarcus Posts: 3 Incept: 2012-04-29	Gamma, yes thats my problem at the moment I don't have a feel for the market as I miss the am session I better get used to it quick 2012-05-12 06:45:10 Permalink