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Old 08-04-2006, 09:11 AM
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Quote:
Originally Posted by gazuz
Scorpion, I always made it a rule to never trade on fridays but I never traded with the news, friday's are always so volatile.... So do you think if you trade with the news that friday is a good day to trade?
First Friday of the month is gambling day, because SL will never hit. But it's high-probability trading (you win more than you loss in long-term). The best timing to trade is before the news release. Just go with the analyst's expectation.

Today EURUSD looks good with strong Sell, while USDJPY good with Buy. BOJ and ECB are giving green signals since yesterday, so then USD can run high today.
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