Nothing to do with PA, FA or TA,,,
This is about understanding the Individual Component in the Pit.of Dispair to Pr. Bride. Movie fans
Pit Traders. You really think that they are rookies?
They need to eat, they need to pee and they must get a grip on the Market management. In the end, this is not their first venture into the Market.
Evoloution advised them to urine at the same time as other traders because they understood. . .that's when they get their ass whipped.
Eating is optional. Market leadership is in their hands.
So...
As an Outsider,
never had an inclanation to stand in, or trade from, a Pit. All posts from the exposed Waaayyy more than welcome
I have observed the following.
8:00 AM Open to 10:00 AM = Rape, Pillage OR Stalk
11:30 AM Spike = Goin' to lunch and also want some profit to Close.
1:30 PM Correction = OK, We're back and we're gonna proceed it as much as we can. wtf were you guys thinkin'
3:00 PM lag is due by Daytraders becoming out Historical and Swings/Carry doubting their Trade will currently Mature.
When the aforementioned is a revelation to you, YOU still don't know the Market.
To the others.... Correct my times if you feel the need.
Now that you just feel slammed...
The Truth.
Guess what. The strain on a Pit Trader is Guesultimate Only1,000 times the strain on you. No thought to Important Other Pressures you could be below
There are a lot of Little Windows / Day that will yield you Profit. Not easily. But with study on Your Own Pair, it will wind up Obvious what Time of day your Trades have More POTENTIAL
Ohhh, Friday @ 3:30 PM EST and that I only want 50 more pips to reach on my TP....
Good Luck but I know you'll strike it on a fantastic day.