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The 10 o'clock reversal - is this a thing?


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The 10 o'clock reversal - is this a thing?

  #21 (permalink)
HitTheBid
Dallas, TX USA
 
Posts: 23 since Jun 2018
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tr8er View Post
Just to let you know, the European cash close is at 10:30 am CT



You’re right - my mistake. Either way my point was made & hopefully can help some of the newer guys in the future.


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  #22 (permalink)
mirin
Calgary + Alberta/Canada
 
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forgiven View Post
generally i have noticed this pattern when filling a gap or probing back into the past days value area. you can not just hope its going to reverse at these times . to trade the idea you need to be able to read tempo ..opening drive ..opening test drive ..open action .. ect..ect..


I've been looking to test price action in relation to VA. I have a bunch of 3 min SPY data and /ES VA for a couple years.
What are you using to test the trades? The only way that comes to mind is using python (I only know some VBA) to define rules and test day by day.

Open to suggestions

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