Cryptocurrency Q&A What is the 11 am rule in trading?

What is the 11 am rule in trading?

FireflySoul FireflySoul Sat Dec 07 2024 | 5 answers 1383
I've heard about this '11 am rule' in trading, but I'm not quite sure what it means. Could someone explain what this rule entails and how it applies to trading? What is the 11 am rule in trading?

5 answers

SsangyongSpirited SsangyongSpirited Mon Dec 09 2024
The absence of a reversal by this time suggests certain market dynamics.

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BlockchainVisionary BlockchainVisionary Mon Dec 09 2024
The 11 a.m. trading rule represents a commonly adopted principle among traders.

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FantasylitElation FantasylitElation Mon Dec 09 2024
Specifically, it indicates that the likelihood of a significant trend change diminishes for the remainder of the trading day.

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ethan_lewis_journalist ethan_lewis_journalist Mon Dec 09 2024
This rule is rooted in historical patterns observed throughout trading history.

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EchoWave EchoWave Mon Dec 09 2024
According to the rule, if a trend reversal has not happened by 11 a.m. EST, traders take note.

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