3 Trading Phases of The Day Flashcards
What are the Phase 1 timeframes?
9:30am to 11:15 Est
What type of patterns are we looking for during Phase 1?
Breakouts & Reversals
Typically what are we looking for price to establish during Phase 1?
High or Low of the day
What are the Phase 2 timeframes?
11:15pm to 2:15 Est
What are the whales doing during this timeframe and is this high profit time?
Out to lunch/No
Typically what is price doing during Phase 2?
Ranging, Consolidating, Stand Still
What are the Phase 3 timeframes?
2:15pm to 4:00pm Est
Phase 3 most is most known for what?
Power hour, strong moves, breakouts & reversals
Of the 9 Trading Reversal Times what are the Phase 1 reversal times?
9:35am, 10:00am, 10:30am, 11:15am Est
Of the 9 Trading Reversal Times what are the Phase 2 reversal times?
12:00pm & 1:30pm Est
Of the 9 Trading Reversal Times what are the Phase 3 reversal times?
2:30pm, 3:00pm, & 3:30pm Est
Of the 9 Trading Reversal Times what are the Phase 1 reversal times to particularly watch?
10:00am & 11:15am
Of the 9 Trading Reversal Times what are the Phase 2 reversal times to particularly watch?
1:30pm
Of the 9 Trading Reversal Times what are the Phase 3 reversal times to particularly watch?
2:30pm & 3:00pm