my trading day ~ monday 11th october 2010
I have just returned back home (15:30) from my weekend away but as it is a Bank Holiday in the U.S. (Columbus Day) there is not much movement in the major U.S. indicies together with the US dollar FX pairs, so I will not be trading for the rest of the day. I will start my week’s work early tomorrow morning.
The majority of currency trading volume is traded by the major banks, and if they are closed the speculators have more dominance in the market, so you could get either high or low volatility. I much prefer to trade when normal market conditions return.