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Trading forex on certain days

Discussion in 'Forex and Cryptocurrencies' started by funnybunny, Aug 5, 2018.

  1. funnybunny

    funnybunny

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    Hey guys

    I learnt a lot from forex websites-but actually wonder if anyone found trading on particular days gives more profit.

    I noticed trading early in the week to be more successful than Thurs/Frid.?

    Cheers
     
  2. commoyo

    commoyo Be smart, be polite

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    Well, it's pretty funny question. I think your profits mostly depends of your luck and experience)
    Really intresting to hear some other opinions about that.
     
  3. minwa

    minwa

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    Late Thu/Fri typically end of the range.

    Tue/Wed usually best trend days.

    Exceptions are major news releases on Mon/Fri like NFP weeks.
     
  4. Aussieper

    Aussieper

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    In general, anytime between Tuesday and Friday, but in closer sense, it depends on which pair that is best for the specific day, like
    for USDJPY, Thursday
    for USDCHF, Tuesday
    for EURUSD, Tuesday, Thursday and Friday . . .
     
  5. willoneau

    willoneau

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    I tend to find time of the day more noticeable rather than particular day. For example waiting for London market to open before looking to get into a trade in GBPUSD.
     
  6. Triple B

    Triple B

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    I have found Monday and Friday to be the slowest. however friday towards NY close looks like some action as swing traders close positions to avoid the gap over the weekend.
    London open for 2 hours is medium activity then when NY opens maximum movement as London is also open.
     
  7. willoneau

    willoneau

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    I am trading the GBPUSD and usually find it moving in one direction untill Us market opens then often changes direction. But also can reverse when US market returns after lunch which is around 23:30 here in Perth. My observation only though.
     
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