'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Wednesday, August 28, 2013

Better to Trade in the Overnight Session

It's better to trade in the overnight session (for Futures markets) because most of the participants are busy snoring. Not much noise and the market moves are quiet and smooth. And you can capture the big move in the overnight session because that's where the European and the Asian markets are active. Just take a look at the chart below for the Crude and the Gold and see/compare the movement from the overnight session (rectangle area) and the regular open (circled area). Just don't sleep and you can make a decent trade. You can have your decent sleep after you make your trade in the overnight session and let the suckers fight it out in the regular market.