Breakout of Mondays

So they say Monday is not the best day to trade due to its volatility.

If so, only trade after Monday. But, on what basis should we open any trade after Monday? My thought is all trades after Monday (i.e., Tuesday) can only be possibly opened because we use previous Monday's price action, which is rather low in its price movement.

if we compare Mondays PA with Tuesdays', Wednesdays' and Thursdays', those middle days of a week show higher volatility. A generalized conclusion is there is always a breakout after Monday. Call it a fact for the sake of simplicity.

That takes me to an idea to buy at the breakout of the previous Mondays highest and to sell at the breakout of the previous Mondays lowest.

Mondays aren't always useless, are they?

I dont know if there is already a system doing exactly the same thing. Let me know if there really is. In the meantime, let me just pretend mine is the first to make use of Mondays highest/lowest as a breakout criteria.

Anyway, I open this thread to share the idea with you all. Its ours now. Please, share your thoughts.

Some systems are build around volatility.

You are onto something very important in trading... Time

Your looking at volatility on Mondays.. Now break it down to sessions... Asian, London, and USA..

then break it down further to Asian open...Asian lunch... London open.. London lunch.. USA open.. London close.. Usa close.
Look for volatility patterns at these times of day... for every day of the week.

If you want to look at days... What day of the week is most likely to have the high/ low of the week..
if you take a trade on that day... what day is best to close the trade...
Hint: its called turnaround Tuesday for a reason..

Once you start to see the patterns you can craft a system around it..

Well, I have never tried this strategy in my trading! Yes, I am interested in swing high and swing low positions of the market but, I don’t count the day! I basically use high swing points of the market according to the market context.