Midweek Reversals | Forex Factory

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Midweek Reversals

  • #1
  • First Post: May 7, 2013 6:44pm May 7, 2013 6:44pm
Hi,

Is there any way to know if were likley to have an early or late midweek reversal in most pairs? Experience says its usually a late one, however I do get caught out by the early ones.

Thanks.
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  • #2
  • May 8, 2013 6:12am May 8, 2013 6:12am
Quoting Pipanator
Hi, Is there any way to know if were likley to have an early or late midweek reversal in most pairs? Experience says its usually a late one, however I do get caught out by the early ones. Thanks.
Midweek is midweek, ie the middle of the week.
The middle of the week cannot happen early or late
If it did, it would be early or late in the week.
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  • #3
  • May 8, 2013 4:24pm May 8, 2013 4:24pm
Quoting Gumrai
{quote} Midweek is midweek, ie the middle of the week. The middle of the week cannot happen early or late If it did, it would be early or late in the week.
That's funny. A working week is Monday to Friday, so "midweek" is Wednesday. My 6 yr old kid was just learning that.

In case anyone is wondering .... check out Pipanator's 154 threads (not counting those extracted to Recycled Bin) asking 154 fascinating questions.
No longer trading forex. Looking for full time job.
  • #4
  • May 9, 2013 8:58am May 9, 2013 8:58am
mmaker could you stop posting rubbish and only reply with useful information which we can all make use of.
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  • #5
  • Last Post: May 9, 2013 9:12am May 9, 2013 9:12am
Quoting Pipanator
Hi, Is there any way to know if were likley to have an early or late midweek reversal in most pairs? .
//---

there is no way to know...... you can watch the weekly atr.... if it has moved the average atr by midweek, look further into it.....

but there is no way to know for sure.....h
to trade and code, keep both simple... no call to impress....h
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