Wednesdays and Thursdays are best days to trade FX for me
After advice from lovely folks here, I’ve linked up my account with myfxbook. A treasure trove of trading statistics to look at which I will share with everyone but starting with the easiest to tackle.
- Best days of the week to trade
- Best hours of the day to trade
I encourage everyone to keep a trading diary so that you can analyse your trades. Here is a short article ‘Record Keeping for Successful Trading‘ to share with everyone as a booster.
Best days of the week to trade FX
As you know my aim is not to be constantly staring at the screen. So this really helps me to find my best trading hours.
So far, out of 78 trades over 3 weeks, it would seem that I should not be trading at all on Mondays and Fridays. Imagine,T_T. Tuesdays seems a bit meh. On the bright side, this means I only need to work 2 days out of the week…WoooHooo~! ^^
Best hours of the day to trade forex
On a hourly basis (I hope I understand this correctly), it seems that I should be taking tea break at 10am, lunch break at 12noon, and tea break again at 4pm.