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The news helps me with some sentiment of the day. There is a fun strategy trading the sessions in the US market. Basically some days the selling pressure can c
by vmception 5y ago
The news helps me with some sentiment of the day.
There is a fun strategy trading the sessions in the US market. Basically some days the selling pressure can come from Europe, and as soon as those traders go to sleep (mid US trading session) the market reverses where Americans have different sentiment.
Just something to watch for and assume happens just like you might assume your bollinger band wedge breakout doji is telling you anything too. Itll probably fail a backtest, or you buy some SPY dailies and are right one or two times to retire.
- pedrosorio 5y ago> Basically some days the selling pressure can come from Europe, and as soon as those traders go to sleep (mid US trading session) The trading session ends at 4 PM ET, which is 8-9 PM in Western/Central Europe. I guess you meant when professional traders in Europe “leave the office”?
- vmception 5y agoYes.
- benjaminwootton 5y agoFrom here in Europe it seems the opposite way. We are having a good or bad day, then the US markets open and we follow them up and down like a lost puppy.
- vmception 5y agoYeah often times the sentiment shifts and its highly correlated to when institution in certain continents stop trading correlated assets that day