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How Important Are Your Friday Trades?

From forexrazor.com

Are trades you make on one day of the week more important than another day? Why should there be any difference, you might ask, when the trading is done online, and the day should not really matter? The market opens early Monday in the Asian market, which equates to 22h00 or 23h00 Sunday Dublin time, and 17h00 or 18h00 East Coast US time. The time can vary, depending upon whether daylight saving time is on or off - but why should the day matter? It is my contention that the day before a market is to close is the most important day of the trading week. If you are a position trader, even for just more than one day, a ... (full story)

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