V. 19:3 (52-56): Waiting For Market Time by Jayant Sathe and Jayanthi Gopalakrishnan

V. 19:3 (52-56): Waiting For Market Time by Jayant Sathe and Jayanthi Gopalakrishnan
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At Mercy Of The Sun Waiting For Market Time

Traders use everything under the sun and even the sun itself to time their trades. by Jayant Sathe and Jayanthi Gopalakrishnan

Traders pay a great deal of attention to the trading activity seen during the first hour of the session in any given market. Many traders, in fact, feel more comfortable waiting for the markets to settle before placing their first trade for the day. Typically, most traders wait for half an hour before entering the market. Because of this, several systems have been developed that focus on beginning to trade after the market has been open for at least half an hour.

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