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This is the first period of a day's trading, according to Market Profile terminology.
There are often orders from the day before which need to be processed at the open of the session as well as new orders for the day.
By analysing how the market behaves during this important period, one can make deductions about the likely strength/weakness of the market for the rest of the day.
See Also: Online share dealing service Stockmarket Centre
Last Updated: May 2007 © Moneyextra.com
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