BabyPips school has a short section in the 12th Grade: Market Hours on when Not to Trade. It includes:
-Fridays: Unpredictable
-Sundays: There is Little Movement (and usually higher spreads)
-Holidays: Banks are usually closed for a particular currency which means very little volume is being exchanged.
-News Reports: No one knows where the price will go; Unpredictable.
|