The first 30 minutes

How many of you, fellow traders, trade at all in the first 30 minutes?

And in the pre- and after-market?

Probably the percentage rises with experience ...


Lojze

 

I do pretty much all my trading in the first 30 minutes of trading. I'd say 70% in the first 30 minutes, 20% in the last 30 minutes and 10% in between. Been trading for many moons.

 

90% of my trading takes place within the first hour and the last hour. (no pre/after market trading)

 

ES can be very profitable in the premarket after the 830 news announcements. Yesterday it was up, today drifted lower. Just wait for the knee-jerk spikes then grab the trend.

 

Yes, I have noticed spikes at around 8:15 to 8:30.

What news announcements are then?


Lojze

 

90 % of my trading done first 90 minutes. will occasionally take a 3:30 trade if i feel market set to make serious reversal

 

i make almost all of my money by 9:45, and i'm usually done by 10, but i'll usually stay and watch the market and sit on my hands unless i see a trading opportunity i.e news,downgrade,warning,etc. If i trade again it's the last hour of the day.

 

The usual suspects: CPI, weekly employment, business inventories, etc etc

 

You should always be aware of news announcements if trading emini's. This should help.
http://biz.yahoo.com/c/e.html

 

Well, today my system gave a signal to go long @897.0, with the target @906.0 and guess what happened? I scored 9pts. All that happened during the first 30 minutes. So (sometimes) it is a good time.

I mean ES.