@pip_pimp The weekends are spent relaxing…and recharging from the week ahead, so by Sunday evening you are ready to go again
So traders do two things
- They evaluate their best and worse trades for the week. The goal is to discover “What went wrong/right?” and “WHY?”…The WHY is important as you need to learn from your mistakes in order to improve
If your a newbie trader you will soon realize that your worst trades are revenge trades.
- Study weekly charts to see how markets could potentially head in the upcoming week.
EUR/USD is a good pair but it is very dependent on new coming out of the ECB following QE. So you need to be awake during EU business hours so you can react.