Almost everywhere you'll read it's best to trade the Londen and NY session because during these times volatilty is highest (eurusd for example). And it's the volatilty that makes me doubt this. Isn't volatility higher because banks and big players are playing the market during these sessions? Fact is that banks, brokers and big players want the herd's money and they probably take it during Londen and NY sessions.
The fact that almost everybody says the same thing makes me doubt it even more."A minority may be right; a majority is always wrong."(Quote by - Henrik Ibsen)
So wouldn't it be better to daytrade during less volatile times? What do you think?
The fact that almost everybody says the same thing makes me doubt it even more."A minority may be right; a majority is always wrong."(Quote by - Henrik Ibsen)
So wouldn't it be better to daytrade during less volatile times? What do you think?