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«inthemoneystocks».
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This Is When You Should Trade
The First Hour Is For The Day Traders
Active markets are always the best markets for trading. Anyone
who has ever traded these markets for a considerable amount of time
knows that the first hour to ninety minutes is the best part of the
trading day. This is a time period when there is volume in the
market and the key support and resistance levels are great for
trading.
If you have ever looked at an intra-day chart of a stock or
index you will notice that the trading volume declines dramatically
after the first hour to ninety minutes of the session. The morning
period is when day traders must seize the moment. This is when the
markets are most active, once 11:00 am rolls around the markets
become manipulated by the institutional traders. The institutions
aim to simply stop out small retail futures traders. Take a look at
the choppy sideways range experienced in the chart below after
11:00 am and you will see what I mean.
This type of game playing goes on everyday in all active stocks
and indexes. Sure, once in a while the markets will be active
throughout the entire session, however, that is not normally the
case. All leading stocks such as
Google Inc.
(
GOOG
),
Chesapeake Energy Corp.
(
CHK
) and
Broadcom Corp.
(
BRCM
) become difficult to trade after the morning session. These are
just a few of the countless stocks that will trade in an erratic
manner after the first ninety minutes of the day. Day traders
should focus on the morning session and leave the three hour lunch
time game playing to the institutions.
Nicholas Santiago
InTheMoneyStocks.com
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BROADCOM CORP-A (
BRCM
): Free Stock Analysis Report
CHESAPEAKE ENGY (
CHK
): Free Stock Analysis Report
GOOGLE INC-CL A (
GOOG
): Free Stock Analysis Report
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