Simple Profitable Method

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Hi Everyone,

Earlier in this thread it mentions to avoid trading during the lunchtime period. Can someone please let me know as to exactly what time of the day this is?

Regards,
Shewey.
 
Hello Spaceman;

Here on earth, "lunch hour" is from 12:00 noon to about 1:00 PM local time.

Since the NYSE is located in New York City, lunch hour is from 12:00 noon to about 1:00 PM Eastern Standard Time.

When do they eat lunch on your planet?

Do you come in peace or are you part of an alien invasion force?

On your way back home, would you mind "transporting" a couple of ET members with you? I am willing to pay. PM me for my list.

Steve
 
I think the Americans tend to take lunch pretty early.

1300 till 1400 (1500 in France, maybe 1600 if the wine is particularly good) is more usual in Old Europe.
 
Quote from shewey:

Hi Everyone,

Earlier in this thread it mentions to avoid trading during the lunchtime period. Can someone please let me know as to exactly what time of the day this is?

Regards,
Shewey.
More...

Rather than looking at an exact time, simply "PROFILE" the volume. I think folks are using 2 or 3 min intervals here. It will be as simple as creating a relatively sufficient (ie. 30 days) sample of 2 or 3 min VOLUME bars and then bucketing them into quartiles. The quartile with the smallest VOLUME magnitude is your cutoff point to know that "WE", the institutions, have left for lunch. When I meet up with ibank traders, we usually meet up around 12:30pm EST and headback to our offices around 1:30pm EST. On occasion, we do miss some great opportunities. But these are the exceptions. Personally, incorporating volume analysis into this framework would really make a number of things very nice for this given framework... Admittedly, that's my bias. Then again, this bias does answer your question of WHEN???!!!
 
Harsh, no I don't think so.

"Harsh" is if I were to tell you to go fuck yourself.... That is harsh..I would never do that.

Good natured kidding is different. Stick around a bit and you will see what I mean.

Thanks for your comment.

Steve
 
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