Originally posted by uptik2000
lojze-
don't forget the ever-important element to charts/tape reading whatever= Volume
like others have said, mid-day is usually not the best time to enter a trade.... 11am-2pm generally sees lower volume
Uptick is right about the time frame being slow, and some firms even recommend that their traders stop trading during that time. Another option that we find profitable, is to look for pair trade disparities. Many times the Specialist will be gone, and leave someone else in charge who widens the markets out, thus creating great "deals" at times.