Iam relatively new into forex(1 month experience). I was told that fridays are not good for trading. However, I have been using the following strategy on fridays and it has been working. I made over 50 pips today with it. It's simply opening a weekly chart and looking at the trend of the market. If up, buy and place a stop just a bit below the close of the previous day; a limit close to the pip difference between the open and close of the previous day. And vice versa for down trend.
Ur comments are welcomed.:unhappy:
This strategy has been working for me.
Ur comments are welcomed.:unhappy:
This strategy has been working for me.