Morning vs. Afternoon Ranges: A Game-Changing Trading Revelation

In today's video, we're diving into a simple yet frequently misunderstood trading opportunity that could potentially revolutionize your strategies.

Uncover the intriguing concept behind afternoon trading patterns and their correlation with trend continuation the next day. As traders, we often overlook this crucial factor in our analysis, but today, we'll explore why it should be on our radar.

Through extensive backtesting and research, we've discovered that when the range in the afternoon surpasses the morning range, there is usually a very low likelihood of trend continuation in the same direction the following day. While this phenomenon may seem rare, when it does occur, brace yourself for intense magnitude!

#TradingTips #TrendContinuation #AfternoonTradingPatterns

[bennyhillarious]

Basically, if the second 4h candle of the day is larger than first, then it is unlikely that next day trend continues.

[misstinytrader]

Yep, I've seen it many times over the last six years of learning..Great stuff, thank you!

[dont.ripfuller]

This is one of those lessons you intuitively pick up on after hundreds of hours of watching specific stocks and their movements from day to day.

[Matt__]

Everyone loves the part where you explain why. When you teach people the reason why (if you even know why) it will help new traders understand the markets better. But no that is actually not true.

[XtremeXC]

US EST is the timezone for everyone wondering.

[maybefuture_youtuber]

There is logic behind this though a lot of people are likely selling their gains. Then people see stock going down from people taking profit and panic sell instead of holding. Then people see a down trend and go short on it

[ahmeddawood]

Yes, Basically it appears on price action and candlesticks psychology with day closure, so you know that tip in the heart not with words and that's the Beauty of real understanding of the charts and candlesticks.

[ExtremeFader]

This is brilliant. Guys it is so important to ask questions to the market. You never know what statistic you can think of to build out a setup or edge for yourself. CHEERS SMB!

[Nyruami]

So, out of 54 combined examples 21 days are a very, very low likelihood?

Maybe you should try and rephrase. I would call it "more likely to reverse" not even "much more likely" that would at least need a 2:1, but what you have is more or less a 60:40 likelihood.

[Viewpoint]

The most useful would be to give the logic and reasoning otherwise half the people will say this is BS from their experience.

[triggered-ud]

I've realized this for some time, it's good to look at it as a rule, with how consistent it is

[ChristopherMundahl]

love these studies, thanks for sharing!

[LooseJointhiphopdance]

I think it is important info for me. I'm not a trader yet but I think it is very important grasp this concept!. Thanks a lot

[Energizer]

In terms of bulls yeah. Yeah. Now coming down after 12pm. Is interesting food for thought. If continuation happens next day after 12pm

[EBstudio]

Retesting the low of day candle high price if not in the same day ten the following session premarket or intraday retest

[alldatsmoke]

I never saw it like that but it make sense. Thanks

[shabbir]

Bro you need to tell whether its NY time, London time or Tokyo time. Which currency pair are you taking about and many more on your backtesting data.

[hanaancika]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[Kaivalya-yvld]

When i see people talking in prob. I understand that he trades❤ Nice observation will look too into that ❤

[bobwilliams]

So buy some puts before close of that day? That would be my play if these statistics are correct