One area where you can become a better trader is by observing the direction of the market in the first fifteen minutes.
Trade
Afternoon session
The afternoon session begins at 2 PM and ends at 4 PM.
Mid-day session
The mid-day session begins at 11:30 AM Eastern time and ends at 3 PM.
Quote
… as a rule of thumb, the higher the time frame and the higher the moving averages are, the stronger the support and resistance levels will be. A 200 SMA on a daily chart is perhaps the strongest support and resistance level. Moving averages on a 1-minute chart on the other hand tend to be … Read more
Which way?
This is a sample of the key levels established during the morning session. The Opening Range The Backstory Andrew Aziz mentions in his free ebook that it is important to identify the pre-market levels in order to better understand how the market will play out during the day. Mid-Afternoon