Do market makers eat lunch? | Forex Factory

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Do market makers eat lunch?

  • #1
  • First Post: Apr 22, 2007 11:14pm Apr 22, 2007 11:14pm
hi forexers
just a quick question. i threw this in the newbie section. its not specifically related to forex but more to stock, options and futures markets.

Do market makers eat lunch? is there a pause at some point during the day so these guys can take a break? if anyone knows the answer please post it.


thanks in advance.

NasdaqNinja
  • #2
  • Apr 22, 2007 11:28pm Apr 22, 2007 11:28pm
Relating to the stock market, actually, there is a slow period during lunch time frame where brokers, buyers and sellers, etc, take a break. The only times I have not seen the break were during major news events and large movements in the markets.
  • #3
  • Apr 22, 2007 11:43pm Apr 22, 2007 11:43pm
I thought I had noticed some Eur/Usd moves just prior to noon EST and then an hour later. Maybe 15 to 30 pips. Eur/Usd in my observation moves in multiples of 30 pip pulses. I say 'thought' because in the past couple of weeks this does not seem to be the case.

Lou
  • #4
  • Apr 22, 2007 11:48pm Apr 22, 2007 11:48pm
Quoting Lou
I thought I had noticed some Eur/Usd moves just prior to noon EST and then an hour later. Maybe 15 to 30 pips. Eur/Usd in my observation moves in multiples of 30 pip pulses. I say 'thought' because in the past couple of weeks this does not seem to be the case.

Lou
Hey Lou... he was refering to the US Stock Market.
  • #5
  • Apr 23, 2007 4:54am Apr 23, 2007 4:54am
Yes, their preferred dishes are weak hands, sloppy stops, and scared money.

Seriously, a lot of them won't leave their desks or the building. You're talking about a highly dedicated group of people who make big bucks for missing lunch breaks.
  • #6
  • Apr 23, 2007 8:42am Apr 23, 2007 8:42am
thanks guys.
  • #7
  • Apr 23, 2007 11:31am Apr 23, 2007 11:31am
Market makers eat small traders for lunch
If it's too good to be true, it probably is.
  • #8
  • Apr 23, 2007 6:55pm Apr 23, 2007 6:55pm
Quoting SimonK
Market makers eat small traders for lunch
Actually twice a day during coffee breaks.

Realistically though, I don't see as much influence in FX as I did in Futures. When trading Fut's full time, I often took the upcoming 12:00 noon EST {read 11:30 - 1:30} into consideration while contemplating an Exit or even an Entry.
  • #9
  • Jun 1, 2007 8:03am Jun 1, 2007 8:03am
"Lunch is for wimps."

Quoting NasdaqNinja
hi forexers
just a quick question. i threw this in the newbie section. its not specifically related to forex but more to stock, options and futures markets.

Do market makers eat lunch? is there a pause at some point during the day so these guys can take a break? if anyone knows the answer please post it.


thanks in advance.

NasdaqNinja
  • #10
  • Oct 20, 2009 6:08am Oct 20, 2009 6:08am
Another good idea!!!
You can watch them on this web cam as they go to lunch. I have been reading there lips and have got a new edge. I'll start a thread on the "lips" method soon.

http://www.earthcam.com/usa/newyork/nyse/
  • #11
  • Oct 20, 2009 6:56am Oct 20, 2009 6:56am
Quoting NasdaqNinja
hi forexers
just a quick question. i threw this in the newbie section. its not specifically related to forex but more to stock, options and futures markets.

Do market makers eat lunch? is there a pause at some point during the day so these guys can take a break? if anyone knows the answer please post it.


thanks in advance.

NasdaqNinja


yes mate they do, I have a mate at IG Markets and I can assure you they have a lunch break! they take turns mate, so someone is always there to hunt your stop!

cheers,
  • #12
  • Last Post: Oct 20, 2009 8:43am Oct 20, 2009 8:43am
Quoting bapxyz

I'll start a thread on the "lips" method soon.
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