Ive done some observations and noticed a recurring pattern.
I dont know what time zones everyone trades, but for me the market closes at 2300 Friday, and this is the reference point i''l use.
Leading up to this there seems to be a fairly predictable pattern, between 1900 and 2000 hours the price has climbed a decent amount up until 2255.
I have only tested back the last 4 weeks as my broker's server is offline right now, when it comes back online ill check back further. Notable also is that it has always been a rise, regardless of daily trend.
I wondered if it might tally with the D1 200MA, as this has always been falling.
Am I stating the bleedin obvious, or totally wrong? I'll test moe when server is back on.
I dont know what time zones everyone trades, but for me the market closes at 2300 Friday, and this is the reference point i''l use.
Leading up to this there seems to be a fairly predictable pattern, between 1900 and 2000 hours the price has climbed a decent amount up until 2255.
I have only tested back the last 4 weeks as my broker's server is offline right now, when it comes back online ill check back further. Notable also is that it has always been a rise, regardless of daily trend.
I wondered if it might tally with the D1 200MA, as this has always been falling.
Am I stating the bleedin obvious, or totally wrong? I'll test moe when server is back on.