3 Trading Phases of The Day Flashcards

1
Q

What are the Phase 1 timeframes?

A

9:30am to 11:15 Est

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2
Q

What type of patterns are we looking for during Phase 1?

A

Breakouts & Reversals

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3
Q

Typically what are we looking for price to establish during Phase 1?

A

High or Low of the day

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4
Q

What are the Phase 2 timeframes?

A

11:15pm to 2:15 Est

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5
Q

What are the whales doing during this timeframe and is this high profit time?

A

Out to lunch/No

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6
Q

Typically what is price doing during Phase 2?

A

Ranging, Consolidating, Stand Still

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7
Q

What are the Phase 3 timeframes?

A

2:15pm to 4:00pm Est

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8
Q

Phase 3 most is most known for what?

A

Power hour, strong moves, breakouts & reversals

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9
Q

Of the 9 Trading Reversal Times what are the Phase 1 reversal times?

A

9:35am, 10:00am, 10:30am, 11:15am Est

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10
Q

Of the 9 Trading Reversal Times what are the Phase 2 reversal times?

A

12:00pm & 1:30pm Est

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11
Q

Of the 9 Trading Reversal Times what are the Phase 3 reversal times?

A

2:30pm, 3:00pm, & 3:30pm Est

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12
Q

Of the 9 Trading Reversal Times what are the Phase 1 reversal times to particularly watch?

A

10:00am & 11:15am

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13
Q

Of the 9 Trading Reversal Times what are the Phase 2 reversal times to particularly watch?

A

1:30pm

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14
Q

Of the 9 Trading Reversal Times what are the Phase 3 reversal times to particularly watch?

A

2:30pm & 3:00pm

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