Trading the Final Hour Flashcards
Majority of traders are emotional and news - driven and overreact in the 1st 30 Minutes.
Smart Investors trade intensely in final hour after evaluating the markets performance
Majority of traders are emotional and news - driven and overreact in the 1st 30 Minutes.
Smart Investors trade intensely in final hour after evaluating the markets performance
What does Smart Money do at the end of the Trading Day?
Smart Money Positions itself for Tomorrow
Bull Trend on Daily - Look for Late Rally on 5 Min
Bull Trend on Daily - Look for Late Rally on 5 Min
Bear Trend on Daily - Look for Late Rally on 5 Min
Bear Trend on Daily - Look for Late Rally on 5 Min
Looks Easy - But is Mentally & Physically Tired at the End of the Day is very common
Looks Easy - But is Mentally & Physically Tired at the End of the Day is very common
Looks Easy - But Often No Time to Decide
Looks Easy - But Often No Time to Decide
Looks Easy - Huge Reversal within Seconds
Looks Easy - Huge Reversal within Seconds
When an Entry is BAD for a Limit Order Trader it is usually great for the opposite; a Limit Order Trader .
When an Entry is BAD for a Limit Order Trader it is usually great for the opposite; a Limit Order Trader .
Big Bar in TR - Limit Order Market
Buying a Head & Shoulders Bottom in a setup for a swing Trade and with this being so late in the Trading Day there is not enough time to buy it and let the Trade play out. DO NOT BUY THIS and simply wait for TMR (You could however use a smaller TF but it still NOT recommended)
Big Bar in TR - Limit Order Market
Buying a Head & Shoulders Bottom in a setup for a swing Trade and with this being so late in the Trading Day there is not enough time to buy it and let the Trade play out. DO NOT BUY THIS and simply wait for TMR (You could however use a smaller TF but it still NOT recommended)
Tight TR @ 3:45 pm EST = Wait for Tomorrow
This is also a Bad Environment for Stop Order Traders
Tight TR @ 3:45 pm EST = Wait for Tomorrow
This is also a Bad Environment for Stop Order Traders
This is what you’re looking for, you are looking for a Trend at the End of the Day
End of Day Buy The Close (BTC) - Started Early, but Bull Trend Day
Look for a BO and Buy Bull Bars closing near their highs; keep doing it until it fails or do it for a Swing up
This is what you’re looking for, you are looking for a Trend at the End of the Day
End of Day Buy The Close (BTC) - Started Early, but Bull Trend Day
Look for a BO and Buy Bull Bars closing near their highs; keep doing it until it fails or do it for a Swing up
End of Day Buy The Close - Started Early, But Bull Trend
Big Bull Bar after 5 or more bars in BTC rally @ end of the dat @ High of Day in strong bull trend; Bulls will see it as a gift and TAKE PROFITS.
Bulls will exit at close of bull bar or below bear bar.
DO NOT BTC of 5th or 6th bull bar if BIG BAR
End of Day Buy The Close - Started Early, But Bull Trend
Big Bull Bar after 5 or more bars in BTC rally @ end of the dat @ High of Day in strong bull trend; Bulls will see it as a gift and TAKE PROFITS.
Bulls will exit at close of bull bar or below bear bar.
DO NOT BTC of 5th or 6th bull bar if BIG BAR
BTC in TR DAY - If Starts before 3:30 EST, Probably will PB (11:15 AM PST = 2:15 PM EST)
BTC in TR DAY - If Starts before 3:30 EST, Probably will PB (11:15 AM PST = 2:15 PM EST)
Sell The Close (STC) @ End of The Day - Lasted 10 Bars
Sell The Close (STC) @ End of The Day - Lasted 10 Bars
STC EOD - If Stars before 3:30 pm EST(12:30 pm PST) , Usually Fails
STC EOD - If Stars before 3:30 pm EST(12:30 pm PST) , Usually Fails
Magnets = Price is Drawn to it, most of time it is a S/R location
Magnets = Price is Drawn to it, most of time it is a S/R location
In a TR Day is the Open a Magnet?
A: Yes it is, most TR Days Close around the open of the Day.
Therefore in the final hour expect a test of the Open.
There is a 70% Chance of a test of the open after 2PM EST
In a TR Day is the Open a Magnet?
A: Yes it is, most TR Days Close around the open of the Day.
Therefore in the final hour expect a test of the Open.
There is a 70% Chance of a test of the open after 2PM EST
Possible Late Test of Open - Sell The Close Bear Trend
Possible Late Test of Open - Sell The Close Bear Trend
In a TR Day the Open is a Magnet
In a TR Day the Open is a Magnet
TR Day - Look FOR TEST OF OPEN AFTER 2 PM EST (11am PST)
TR Day - Look FOR TEST OF OPEN AFTER 2 PM EST (11am PST)
TR Day - Sell Vacuum Test of Open
70% Chance of a test of the open after 2pm EST
This Big BEAR Bar after 5 or 6 bars in STC selloff in TR Day, the Bears will see this as a GIFT and Take Profits. DO not STC @ this point!
TR Day - Sell Vacuum Test of Open
70% Chance of a test of the open after 2pm EST
This Big BEAR Bar after 5 or 6 bars in STC selloff in TR Day, the Bears will see this as a GIFT and Take Profits. DO not STC @ this point!
STC @ End of the Day - Risk Happens Fast
STC @ End of the Day - Risk Happens Fast
BTC @ End of the Day - Exit 4 - 8 Ticks Below Bull Bar
BTC Rally starts early @ 2:55 PM EST.
Since not Strong Bull Trend Day, probably will get Reversal Down
BTC @ End of the Day - Exit 4 - 8 Ticks Below Bull Bar
BTC Rally starts early @ 2:55 PM EST.
Since not Strong Bull Trend Day, probably will get Reversal Down
Institutions Trade HEAVILY in the Final Hour of the Day to help position themselves for the next Trading Day
Institutions Trade HEAVILY in the Final Hour of the Day to help position themselves for the next Trading Day
At the End of the Day Does RISK happen fast or slow?
At the End of the DAY RISK happens FAST
