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I love Monday mornings...

  • #1
  • First Post: Oct 23, 2006 11:06am Oct 23, 2006 11:06am
There is something I have noticed in my admittedly short trading live, so it may still be more annecdotal than empirical, however

It seems that getting up early on Monday - ie. 7am GMT fo me - frequently pays off with great entry set-ups on the majors. Today I shorted both GBP and EUR v $ based on clear signals from Mouteki, Bago/Sidus as well as James16 in case of the Euro!

We all saw what happened! I pocketed 50 pips on the EUR I (could have been more as I only got to my PC at 7.15 rather than 7 sharp) and GBP could have made me 100+ pips (if again I had been up on time and not been stopped out @ 15pip profit by a strange 25pip spike up )

But as BK points out must not get too greedy, so I try to be happy with my $650
Consistency and patience is everything
  • #2
  • Oct 23, 2006 11:19am Oct 23, 2006 11:19am
Quoting Geldmeister
There is something I have noticed in my admittedly short trading live, so it may still be more annecdotal than empirical, however

It seems that getting up early on Monday - ie. 7am GMT fo me - frequently pays off with great entry set-ups on the majors. Today I shorted both GBP and EUR v $ based on clear signals from Mouteki, Bago/Sidus as well as James16 in case of the Euro!

We all saw what happened! I pocketed 50 pips on the EUR I (could have been more as I only got to my PC at 7.15 rather than 7 sharp) and GBP could have made me 100+ pips (if again I had been up on time and not been stopped out @ 15pip profit by a strange 25pip spike up )

But as BK points out must not get too greedy, so I try to be happy with my $650
Very astute. Mondays seldom disappoint.
Profit is where readiness meets Opportunity
  • #3
  • Oct 23, 2006 11:25am Oct 23, 2006 11:25am
Yeah Mondays are usually good to me to.... In fact early mornings are quite kind in general
  • #4
  • Oct 23, 2006 12:10pm Oct 23, 2006 12:10pm
7am GMT ? Same 1 am o'clock at New York?

Whether are here people from USA?

Morning of Monday happens remarkable in 4am GMT. It is possible to make the small rate and in pair hours to make assurance double sure itself from losses by Stop

I feel sorry: I am not quite sure of my language...
Prof Herman
  • #5
  • Oct 23, 2006 12:44pm Oct 23, 2006 12:44pm
Quoting Leader
7am GMT ? Same 1 am o'clock at New York?

Whether are here people from USA?..
I think you have the general time right, basicaly when London Opens on Monday be ready, something is bound to happen. Though in the past i have generally let Monday's go by without getting into trades, but there are some nice ones!
  • #6
  • Last Post: Oct 23, 2006 1:52pm Oct 23, 2006 1:52pm
2accrete;
Tokyo strikes at 1-2 am GMT

Maybe you miss Sunday's evenings. But I find it too difficult to work at Sunday's evenings
Prof Herman
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