L
lovethetrade
and the lower the time-frame the more noisy it is. I guess it depends how you trade and what you look for as to whether you're impacted by this or not.
WTH is with these End of Day Spikes
- Thread starter kmiklas
- Start date
Here again, with the Spider at EOD. I also notice how the price keeps moving and trades occur after the bell... but I can't trade.
Look at that volume spike, and price move.
Big spike relative to past bars, but not really a big move, I'd say. The move would hardly be worth talking about as you increase timeframes. Can you not trade after hours?
Could do a bit of reading on the closing auction process, closing imbalances and market on close orders.
Lot of big money operating on the close and open daily. I've never really dug into the closing imbalances to see if there is some sort of edge retail could work with but it is on my endless " to research" list.
Lot of big money operating on the close and open daily. I've never really dug into the closing imbalances to see if there is some sort of edge retail could work with but it is on my endless " to research" list.
Is this an actual trading restriction or have you not set your orders to be executable after hours?
P.S. After hours require limit orders, which I know you love.
it is only .20 on the SPY which is equivalent more or less to 2 ES points so just a final balancing of ETF with the index, not a major spike so much.
