QUANT
Time of day

When does the day's range get made?

Markets don't move evenly through the session. For each market we count which hour the day's high and the day's low formed in, over three years. It shows when moves have tended to happen, not which way.

The first time-of-day summary appears here once the desk publishes it.

Where this stops

This is a count of when past highs and lows formed. It shows no prices or levels and doesn't say whether to trade, which way, or how big. We don't give trade calls, entries, stops, targets or position sizes, and past results don't predict future ones.

Related: the Playbook and the Method.