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2013issue C1032-37

Same-session and multi-session trades as one rule-based procedure

The archive treats same-session and multi-session trading as one linked rule set. A pre-marked support or resistance level is taken only after it breaks, and only if the session window and a hard stop still allow the order.

  • Same-session and multi-session trading share one linked rule set rather than two exclusive styles.
  • Holding a losing same-session support-or-resistance trade overnight is identified as a classic rule error.
  • Entries wait for a pre-marked level to break, then take the countertrend reversal rather than chase continuation.
  • Ignoring premarket levels, especially around earnings, misplaces both same-session and multi-session orders.
Entries in this reading3 entries
Current trackSession analysis42 readingsRule-based entry292 readingsStop-loss order297 readings

One rule set, two holding periods

The described procedure treats same-session and multi-session trading as one linked rule set rather than two exclusive styles. Same-session entries must be closed before the close rather than carried overnight. Multi-session holds still obey the same price-level rules used during the session.

Editorial. TradersWeek reads the two holding periods as one rule-based procedure, so the session filter and the hard stop decide when a marked level is tradable at all.

Levels from candles, not from indicators

Levels are taken from daily and one-minute candlesticks, not from stochastics, MACD, or moving averages. Daily-chart pivots already in place before the open are the first map for both session and swing setups. Those previous levels are support-resistance marks from actual candles.

Enter after the break, not on the chase

Entries are delayed until a pre-marked level has already broken, then taken as a countertrend reversal instead of a continuation chase. Same-session entries typically wait for a $1.00 to $2.00 run past the break. Multi-session entries typically wait for a $5.00 to $10.00 run.

Session window and watchlist

The watchlist is a repeating set of up to 10 equities priced $100 to $250, chosen for liquidity, fewer partial fills, and usable volatility. Same-session work is concentrated in the first two hours after the 9:30 open, when activity is described as highest.

Premarket marks and the close

Ignoring premarket levels, especially around earnings, misplaces both same-session and multi-session orders. The conservative choice is used when two levels sit within 25 cents.

Editorial. A hard stop is the predefined exit that keeps the loss bound before the order is sent and throughout the hold.

Educational research material, not investment advice. Historical source context does not establish present-day performance.
16 of 18 in the Session analysis track
201532-35 pp.Next on Session analysisSession clock bars from public quote feedsPublic downloads remain usable only when the provider's terms and conditions are followed and the feed is reshaped into an implementation-ready table.
All readings on this track · 18 readings
  1. 1990Constructing a second-hour session residual exponential index
  2. 2000Treat an open limit book as an execution filter
  3. 2002Constructing a long, short, or flat pre-trade checklist
  4. 2003Session-window trims for mechanical day-system evaluation
  5. 2004Overnight session entry rules after regular hours
  6. 2005Overnight and regular session execution in Nasdaq 100 names
  7. 2006The intraday workspace as a combined decision procedure
  8. 2006Same-session trading needs presence and next-signal rules
  9. 2007Session filters for moving-average entry rules
  10. 2008Related-market checklist, session filter, and ATR-scaled stop
  11. 2008After-hours session regimes and the next-day close
  12. 2008Evaluating a next-open entry after one-day corrections
  13. 2010Session range share: currency futures versus the mini index
  14. 2011Dollar travel, afternoon sessions, and a 1:2 first-loss bound in equity-index futures
  15. 2012Last-hour volume breaks with a first-hour exit
  16. 2013Same-session and multi-session trades as one rule-based procedure
  17. 2015Session clock bars from public quote feeds
  18. 2016Session-gated moving-average entry construction
By fieldEntry and exit rules327 readingsBy year2013169 readings
All 42 readings tagged Session analysis
Also on Session analysis5 readings
2004Overnight session entry rules after regular hours2007Evaluating same-day opening range entry rules2007Opening-range breakout as one session procedure2008Evaluating a next-open entry after one-day corrections2008Near-end-of-bar confirmation for discretionary entries