Quotes about the exchange and trading(Gerchik)
It all depends on the time, which you enter, usually after 11, when liquidity leaves the market a little and there are no more big players on the market before 14.00, then this is really what happens ... the answer is one: you need to trade aggressively with 9.30-11.30 and than, somewhere with 14.30 and all the way….in the interim 11.30-14.30 you just need to look for potential customers (stock), to after 14.30, when the general direction of the market is determined, you were already in the stream… There is no market crisis, the worst for the market – it is the absence of LIQUIDITY AND VOLATILITY, and then, and there are other things on the market now. Before the exchange opens, you can make trades, sometimes for 2-3 hours before opening and after closing, no restrictions. All transactions are carried out on ecn. …Slanted lines work just as well, as well as horizontal, therefore they do not need to be discounted. It's just that horizontal lines work well within the day for identifying levels., but inclined and within the day, and on daily charts for the trend.
