WHY You Shouldn't Hold Onto Forex Trades OVER THE WEEKEND

#DailyPipTalk #LondonBreakoutTrading #ForexTradingTips

WHY You Shouldn’t Hold Onto Forex Trades OVER THE WEEKEND. The smart money, banks, market makers, whatever you like to call them have a lot of tricks up their sleeves when it comes to trapping retail traders into losing money. Monday morning opening gaps are very common in the forex markets. This is ONE great reason alone to avoid holding onto forex trades over the weekend!

Free isessions indicator: can be downloaded here. https://www.mql5.com/en/code/7753

Here is the “sweetspots” indicator http://forex-indicators.net/support-resistance/sweet-spots

Here is the Weekly Separator Showing Monday’s… https://liveforexsignal.com/weekly-period-separator-indicator-download/

A moving weekly high low indicator for the current week can be downloaded with the Admiral markets indicator download package ( I have no
affiliation with Admiral markets…https://admiralmarkets.com/trading-platforms/metatrader-se

Yesterday’s high and low…https://www.mql5.com/en/market/product/18528#!tab=tab_p_overview

I hope you enjoyed today’s Daily Pip Talk!
Are you struggling to be consistent with your trading? Get my FREE audio mp3 download “The 7 Step Daily Routine For High Performance Traders” at http://www.staceyburketrading.com/2368-2/

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The Edgewonk trading journal can help turn struggling traders into trading professional traders. Grab your free trial here… http://bit.ly/2elrMHh

For more on trading check out:

The PlayBook: An Inside Look at How to Think Like a Professional Trader…Mike Bellafiore…https://amzn.to/2w1GpGp

One Good Trade: Inside the Highly Competitive World of Proprietary Trading…https://tinyurl.com/vl7k2wt

Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading… Peter Brandt …https://amzn.to/2otOMGG

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