The "10 AM Trend Time" concept is crucial, particularly for day traders or active investors in the markets. The first 30 minutes are typically volatile with significant moves, but the period from 10 AM to 10:30 AM often determines the activity for the rest of the day. It decides whether the market will chop or trend. Around 10 AM, you will often observe rejections, bounces, flag breaks, continuations, and reversals; this can occur at 10:15 or 10:30, but I generally refer to it as the "10 AM Trend Time Concept." I have been teaching this concept for many years, providing traders with a special edge in trading and managing risk.
Due to this concept, we often take profits first at the "10 AM Trend Time" or decide the next step. We also frequently stop out at 10 AM if things are not working. I define my trading strategy as focusing on the opening three minutes and the post-10-minute trading period. Below, you will find live examples from my experiences over the years.
