Phabbyfundz
Active member
Plagiarism warning
According to notable researchers the biggest movements in the four major currency pairs are observed on Tuesdays and Wednesdays. Fridays are busy as well, but not until 12:00 Am. During the second half of Friday the movement can be very unpredictable because some of the major financial institutions and hedge funds are almost or closing their positions for the weekend for security reasons.
Many or most experienced traders usually or mostly avoid trading on Fridays and on the weekends ,on closing session, when the banks are on holiday, on Christmas day celebration, during prime time television events, when the manor economic reports and news about the economy and state related matters are released to the public and when they are angry or even frustrated
Many or most experienced traders usually or mostly avoid trading on Fridays and on the weekends ,on closing session, when the banks are on holiday, on Christmas day celebration, during prime time television events, when the manor economic reports and news about the economy and state related matters are released to the public and when they are angry or even frustrated