YOU SHOULD READ THIS EXPERIENCE CORNER
The time frames where "Pump-Dump" phenomena are likely to occur
1. Overlap of the US - Asia session (around 22:00 – 01:00 VN time)
• Reason: At this time, the US market is active while the Asian market is just starting to open (Japan, South Korea).
• Nature: Usually has high trading volume, likely to experience unusual strong fluctuations.
2. Overlap of the European - US session (around 19:00 – 23:00 VN time)
• Reason: This is the time when both the European and US markets are active.
• Nature: Extremely high trading volume, likely to experience fast "pump" then rapid "dump" if unexpected news arises.
3. Before and after the US announces economic data (20:00 – 21:30 VN time, depending on the day)
• Examples: CPI, FOMC, employment, Fed interest rates,…
• Nature: Prices fluctuate very strongly just before and after the announcement of the data, susceptible to price manipulation.
4. Early morning (2:00 – 5:00 AM VN time)
• Reason: The market has low liquidity, easily manipulated by "sharks".
• Nature: Quick, unexpected "pump" or "dump" events. Many stop-loss orders are triggered.
5. Weekend (especially from Friday evening to Monday morning)
• Reason: Traditional financial institutions are closed, low liquidity, retail traders dominate.
• Nature: Very likely to experience unusual fluctuations due to lack of control from big players.
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