This is an intraday model using a moving weighted average of historical data. To build this model, I looked at the last 52 Tuesdays and excluded any Tuesday falling on FOMC weeks. I took a straight average of the remaining weeks, save for the last four weeks. Finally, I used a moving weighted average of 15% on each of the last four weeks into the model.
This model shows what is typical behavior and is intended to help hunt for scalping strategies. Of course, it is not a guarantee.
Typically there is a drop at open until the 9:50 interval, followed by a rise. Expect the typical 10:30 drop, followed by choppy/boxy action until the Lunchers return at 1:05, which drops and leads to session lows. Action is choppy and boxable leading up to power hour starting around 2:50 with an uptrend, until price falls to close at 3:30.
This model shows what is typical behavior and is intended to help hunt for scalping strategies. Of course, it is not a guarantee.
Typically there is a drop at open until the 9:50 interval, followed by a rise. Expect the typical 10:30 drop, followed by choppy/boxy action until the Lunchers return at 1:05, which drops and leads to session lows. Action is choppy and boxable leading up to power hour starting around 2:50 with an uptrend, until price falls to close at 3:30.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.