fascinating stuff..................
DislikedThe times certainly vary, but maybe not by as much as you might think. I wrote a program to figure out how many hours it took during the 24-hour trading session for a pair to meet its maximum price level (positive or negative) from the open. The results are as follows:
As averages, it's important to note that if you really want to be confident that you don't miss a large portion of the price movement, you need to bump these numbers up by a bit - which is how I came to the 11 AM standard.Ignored