IMHO, the main concern of opening a position on Friday is getting stop out due to higher over the weekend margins requirement for most brokers or getting gapped out. Unless you do not have a stop loss order in place, you will always have to worry over the weekends. Some trader who are able to execute a hedging strategy well and is prepared to HEDGE with a pending buy/sell stop order instead may worry less. Question is hedging a worthwhile approach to forex trading in today’s world?
I find the following video explain hedging in forex best, feel free to take a look.
Normally, on Monday volatility is low and especially so during the Asian sessions. Pretty choppy with lots of fake out I would say.