Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

Join us now to get access to all our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, and so, so much more. It's also quick and totally free, so what are you waiting for?
Blue
Red
Green
Orange
Voilet
Slate
Dark
  Guest viewing is limited

❓ASK Forex Mantra: Trade on weekdays, Analyse on weekends

Razor1911

Emerald Member
LV
0
 
Joined
May 11, 2021
Messages
3,157
Reaction score
188
Points
150
Awards
1
Location
India
Website
thefreedollars.com
BMF Points
$243
Rating - 0%
0   0   0
Since forex market remains closed on weekends, that gives a perfect time for you to analyse your trading report. Whatever you gained or lost in the market, which is your positive move and where you lacked to swiftly take in or take out positions etc.

The weekdays are for trading. You remain busy analysing the charts, and making projects about your strategy. All in all, you don't have time for your own trading analysis. Therefore weekends are the best time for you to do that. And every trader should do that in order to sustain here as a master trader. That is why it is wisely said that trade on weekdays and analyse on weekends.
 
A very good advantage of the forex market is that it does not usually trade during the weekends. This is very good because it is going to allow you valuable time to be able to analyse what has happened in the past and what is definitely likely to happen in the coming week.
 
Yes of course the market and the platform offer this opportunity for a reason and I think it is our right to use it very wisely if the trade closes Friday as it does it is important that as normal and intelligent person you work on your mistakes and open your success that takes place during the week is it down the other lies you make some corrections you make up some research against the next week I want the week is Starting Over Again you are also started with a fresh mind and analyse mind
 
I prefer swing trading
on weekends becausee atimes the market value is bad and I don't have all day and time to trade. Also I prefer swing trading to avoid too much negative psychological distortion or anxiety issues. They do say that, slow and steady wins the race but when it comes to Forex trading where the market is highly unpredictable even to professionals, the best thing is to be highly and technically analytical and to inculcate the spirit of discipline and set realizable goals. Most trader loss much because they set unachievable goals.
 
That's a very good advice and it's a mantra that one shouldn't throw away when doing the forex business. The best way to make the most money in forex is to plan your trading strategy at weekend and unleashed them during the week for a very successful campaign. I plan to become a forex pro one day and it will surely come to pass.
 
The price of a lot of forex commodity is is usually going at a very fast pace. This is why the weekend present to you as a very good time for you to do all your research and analysis because at that time all positions have been paused. Making good use of this and analysing setting news that might arise in the following week is going to be crucial.
 
Since forex market remains closed on weekends, that gives a perfect time for you to analyse your trading report. Whatever you gained or lost in the market, which is your positive move and where you lacked to swiftly take in or take out positions etc.

The weekdays are for trading. You remain busy analysing the charts, and making projects about your strategy. All in all, you don't have time for your own trading analysis. Therefore weekends are the best time for you to do that. And every trader should do that in order to sustain here as a master trader. That is why it is wisely said that trade on weekdays and analyse on weekends.
Most traders like coming up with the excuse that there don't have enough time to look at the chart and still run analysis for the time frames.
A serious trader knows how important price action and market analysis is and it's better to spend time analysing a given pair than been in a haste to take a trade.
 
A good forex trader can easily utilize the closure on weekends to analyse and study some technical and fundamental analysis against the following weekdays. He can as well analyse his performance the previous weekdays and decide whether to improve or change some of the steps he took before.
 
The forex market is from the stock market in such a way that it is always open even on weekends. This presents to you a very unique opportunity in which you can be able to analyse what happened in the previous week and then easily predict what can be able to happen in the week that is coming and in that way you can be able to plan on your entry triggers and also your invalidation point.
 
I think during weekdays we could see that the banks are active and it's a big deal and opportunity for investors to make gains , because there would be more purchasing power during that period ,but on weekend where people are not in duty some analysis might not be effective or go well
 
The forex market is from the stock market in such a way that it is always open even on weekends. This presents to you a very unique opportunity in which you can be able to analyse what happened in the previous week and then easily predict what can be able to happen in the week that is coming and in that way you can be able to plan on your entry triggers and also your invalidation point.
The forex market is totally different from the stock market and they open on Mondays and close on Friday at 10pm GMT.
It seems you are mixing things up because the best time to study the market and plan your bling term trade is during the weekends,and it's not advisable to start trading at the beginning of the week because the market will be unsettled.
 
You are right weekends can give you a better trading direction on where the markets can actually move and the best thing is that there are significant chances of that thing happening in the weekdays as compared to the weekends so you always have more profits on the weekend than the weekdays to be honest in my opinion .
 
Forex is 24 hours. Only that most markets closes for weekends. But we can still trade in cryptocurrency and this is best to be traded during weekends.
It is easier to study the direction in the price of cryptocurrency during weekends than in weeks days. So we can trade cryptocurrency during weekends and continue other markets during weekdays.
 
Forex is 24 hours. Only that most markets closes for weekends. But we can still trade in cryptocurrency and this is best to be traded during weekends.
It is easier to study the direction in the price of cryptocurrency during weekends than in weeks days. So we can trade cryptocurrency during weekends and continue other markets during weekdays.
yeah the forex market is closed during weekend ,I think the crypto currency market is the one that is different , because it's that one that is always active from time start ,many Investors needs to know more about forex market too , the risk and others attached to trading in the market
 
Trading styles and tactics may be broken down into four categories: swing trading, position trading, day trading, and futures trading. Swing trading and positional trading are the ideal trading styles to adopt for a weekend trading strategy. Because they hold their trades for longer periods of time with comparatively greater profit targets, swing traders and position trading are unaffected by increasing transaction costs because they keep their trades for longer periods of time.
 

📢 Recommended Partners

MGID - Native Performance & Programmatic Advertising Platform MGID Team
0.00 star(s) 0 ratings
Updated
Roobet.com | Crypto’s Fastest Growing Casino 🦘 Roobet.com
0.00 star(s) 0 ratings
Updated
Duckdice.io - Top Crypto Gambling - Bitcoin Dice DuckDice.io
0.00 star(s) 0 ratings
Updated
BMFAds.com - Advertise and Monetize Your CPC, CPM, POP Traffic BMF Staff
4.00 star(s) 4 ratings
Updated

banner

REWARDS: Active Raffles


  • 🤑 Roll 3: Win 100,000 BMF Points!

    The entry period for this raffle ends in..
Back
Top Bottom

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.