BEST TIMES TO TRADE THE US30

Here is my list (all times Eastern Daylight Time):

London Open (3-5 a.m.) usually 2 good moves, one in each direction, or one good
move (a trend) that just keeps grinding away for hours.

6-9 a.m.: This is a little trickier, because one or more of those hours can slow down
without warning. But I have reached my 100 point goal off 1 or 2 trades during the 7
o'clock hour more times than I can remember.

10-10:30 a.m.: The last half hour of trading before London closes and a lot of the time
you will see a price reversal from the 9:30 NYSE/Dow Jones open (today is a perfect
example of that...first 30 minutes from 9:30 to 10 the market sold off, and right after
10 (10:03 to be exact) Buyers took over and kept control. This happens a lot...and
you may notice I did not include the 9:30 open as part of my list of good times...it has
been very choppy and difficult to catch any sort of trend during that half hour, so
more often than not I end up just watching until 10 gets here.

1-3 p.m.: Price action slows down from the frantic swings we see while London is
open. This is sluggish but very profitable trading during these 2 hours. A ton of 25-
40 point moves will generate during this time, and because price typically moves
slower, you have plenty of time to get in and get back out.

3-4 p.m.: Traditionally the last full hour of trading (recently the FX brokers extended
the close from 4:15 to 4:57 p.m.) A lot of day traders are forced by law to close out
their trades or face massive margin calls most cannot afford. So volume picks up,
especially in the last half hour as traders close for the day. I've banked 200+ points in
under 10 minutes during some of these sessions, so they're worth watching,
especially on Fridays when the longer term traders are closing out weekly trades at the
same time.

6:03 p.m. to 8-ish p.m.: The market reopens at 6:03 and typically gaps the open (from
the previous close) and this can lead to some great trades as price will try to close the
gap backwards. But aside from the gap, there are a lot of big moves in both directions
that set up starting right after the open. Lots of 80-100 point moves one direction,
followed by a brief period of consolidation, then a similar 80-100 point move back in
the other direction. This is also a slower time to trade so getting in and out at your
desired price is typically not a problem.

Keep in mind that (1) these are just estimates, and on any given day at any given time,
the markets could be flat or they could be roiling; (2) there is a 66 minute period
between 4:57 p.m. and 6:03 p.m. eastern time when the US30 is closed while the
markets reset. This can result in a price gap at the open so do not leave trades open
when the market closes at 4:57 unless you are prepared to deal with the potential price
gap when the market reopens.