rowdy wrote:Try trading buy zone on Monday mornings at the first hour of the London open on the GBPUSD
Interesting stats - how did you collect it?
One rethorical question:
What is so special about beging of opening hour?
It's too early - 8am (by local time), most of
financial men are stuck in the traffic jam on the way to work
or are even sleeping.
9:30am NY seems to be more crowded with people in their offices
against their greedy plazma monitors.
Also, lunch time at 12pm or/and 1pm - is obviously not really good
time for serious trades. Is it true?
I'm interested from the fundamental point of view,
statistics may say otherwise.