DislikedFirst week of the month and first month of the year are the most greatest time to trade, if you know how it works!
DislikedI believe you are referring to the January anomaly. In the stockmarkets this is strong, however I do not see this in the same strenght in the currency market. Then again it depends on the timeframe or pair traded but to my experience it makes no difference. I trade 1 and 5 minutes and eur/usd, usd/jpy, gbp/usd pairs. Neither do I see any difference with the first week of the month or any other. I believe you are referring to nonfarm and unemployment rates. Some think friday is the worst day of the week, I disagree. If you look at the charts you will see some nice moves on those days. There are different ways to trade but good or bad times is a myth.Ignored