Key times of the day for moves

jgiasi · Jun 22, 2005

I have been trying to day trade the S&P500's - primarily the SPY ETF's. Mostly, I have been watching and trying to develop a feel for the markets. I like the liquidity and what appears like excellent bid/ask spreads as well as the lot sizes available on the inside bid and ask.

Also, I have noticed that there a handful of times during the day when the SPY moves from .10 to .20. So, trading a 1000-2000 lot size should afford the trader the potential to make some decent money.

My issue; however, is that there are a lot of dull times of the day when the SPY is doing nothing and it is during these times that I begin to lose focus.

Does anyone have any ideas as to 'good' times of the day when the market is more volatile and thus riper for trading.

Thanks, jgiasi

NihabaAshi · Jun 22, 2005

Quote from jgiasi:

...Does anyone have any ideas as to 'good' times of the day when the market is more volatile and thus riper for trading.

Thanks, jgiasi

* Key economic report release times (good volatility)...

http://online.wsj.com/public/resources/documents/b-econoday.htm

* Closing of other key markets...

Bonds, Eurex or Euronext.

The above alone should be enough to keep you busy although some traders may say high volatility times is not a good time to trade.

Be careful because volatility is a double edge sword.

NihabaAshi