Best days of the week to trade
Tuesdays and Wednesdays is where the bulk of the weekly movement is seen on all four major pairs – EUR/USD, GBP/USD, USD/JPY and USD/CHF.
Fridays are usually busy until 17:00 GMT and then the market slows down until it closes at 22:00 GMT. This means Fridays are, for all intents and purposes, only half-days.
You’d be better off taking a trade during these days of the week rather than others because these give you a higher chance of success.
EUR/USD | GBP/USD | USD/JPY | USD/CHF | |
Monday | 24 pips | 31 pips | 36 pips | 25 pips |
Tuesday | 92 | 110 | 141 | 95 |
Wednesday | 102 | 128 | 162 | 104 |
Thursday | 83 | 98 | 121 | 77 |
Friday | 80 | 96 | 117 | 72 |