Forex Indicators
What are the best days for trade on the Forex Market ?
I red that fridays must be avoided (because they are ver unpredictable), as well as sundays & holidays (obvious). What do you think about traiding on fridays ? as well as mondays, tuesdays... etc ? thanks !
Public Comments
- The answer depends upon many factors. What type of trading are you doing? Does your type of trading do best in a volatile market? Does your type of trading do best in a bearish or bullish market? What are your objectives? How much are you trading? What types of stocks or bonds do you prefer? I would suggest that you monitor the stocks in which you are interested and track their trends. Finally, do not bet more than you are willing to loose.
- Focus more on fundamentals than technical analysis. Economic news analysis is what moves the markets. Here is a free site that shows what has happened after economic news releases: http://www.forexnewspatterns.com
- I agree it depends on many factors and market too. It is better not to depend on this factor.
