Times of the Day

There are 5 times of the day that change the way you might trade -

1. The opening - This is what we call price discovery. The market is reaching for a price range as the cash market opens at 8:30 am Chicago time. This typically last 45 to 60 minutes. 

2. Small Trends above and below the opening range price discovery after 9:15 to 9:30 am.

3. Noon Lows - Not sure if many traders see this, but haven't you notice the market makes a low around 11:30 to 12:30 many days? 

4. During Price Discovery and the Close. We call this swing trading. The market is going up and down with swings. 

5. The Close, or the last hour of the day. Typically the last 30 to 45 minutes. This is known as Trend. We notice the market will trend in the direction of the day during this time. 

Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.