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Why you should avoid trading forex on Mondays?

One could think that trading forex on Mondays was a great way to begin the week, but determined forex traders do avoid it for a good number of reasons. The market which had been dormant over the weekend suddenly gets livelier but still, the liquidity remains low and the momentum is not there during the early Monday hours i.e. before the major financial centers have fully opened. Consequently, price is going to chop unpredictably and such volatile price movements are very difficult to read and trade with confidence. With reduced volume in the market, price action is going to lose its sense of direction and this makes it even easier for false breakouts or whipsaws to occur, and trick you into taking your stop-loss before the real move happens later in the week. Besides, the market usually has to process all the weekend news and events going on and that, coupled with the fact that there are few active players among the traders, can cause some quite irrational or misleading reactions at the start of the week. Entering the arena too quickly might mean that you will jump on the wrong side of the trend and stay there until the situation changes when the real volume comes up from London or New York. Like other professionals, traders take this particular day of the week to rethink and consider the options of new trading opportunities as it is the day of new data creation and new trends or possibilities. However, the day's decisions are often based on emotions—traders eagerly trying to recuperate the last week's losses may chase after and even force the trades instead of waiting for those high-probability setups. In most cases, when traders take Monday to observe, analyze and plan the market instead of trading, this tactic can give them more benefits and lead to a better chance of being saved from the market's indecision at the beginning of the week, thus availing a trading edge, and as a result, profit.
 
Why Smart Forex Traders Just Don’t Mess With Mondays

Alright, listen up. You’re new to forex and probably itching to start the week off with a bang, right? Like—new week, new me… new trades! Everybody gets that buzz. But here’s a little secret straight from the trenches: the pros? Most of ‘em don’t touch Monday trades with a ten-foot pole, especially in those weird early hours when everybody’s still wiping sleep outta their eyes.

Let me break it down. The first biggie? Nobody’s home yet. Sure, the forex market technically “opens” on Sunday evening. But c’mon, half the planet’s still snoozing or pretending it’s still the weekend. London? New York? Tokyo? They’re all rollin’ outta bed at different times, so the market’s running on fumes. Not many players means prices are all over the place—think of it like a drunk uncle at a family barbecue: lots of noise, not much coordination.

You get wild little moves—prices jerk one way, fake you out with a “breakout,” then slam on the brakes and whip the other way, leaving your stop-loss coughing in the dust. Been there. It stings.

Another thing: weekends don’t just throw off your sleep schedule, they chuck all kinds of news into the mix. Geopolitics, central bank drama, whatever. Monday’s like, “Surprise!” but with zero agreement on how to react because nobody’s fully awake or committed. You end up trading on knee-jerk nonsense—just randomness, not those sweet, fat moves backed by real volume and real conviction.

Oh, and let’s get honest about emotions. Mondays are emotionally spicy—either people are high on fresh-start optimism or tilting hard trying to claw back Friday’s dumb mistakes. Everybody thinks they have to be a hero straight out the gate. That just leads to FOMO trades, chasing shadows, or throwing discipline right out the window.

What do the wise folks do? Mondays are for chilling, not swinging. Seriously. Park your hands under your butt and just... watch. Scope out what the big dogs are up to, let the market spill its secrets, make notes. Once London and New York are rolling for real, you’ll see where the actual action is—and then you can pounce with something solid, not just a random guess.

Moral of the story: want to act like you’ve got pro blood? Leave Monday for planning and watching. The good stuff, the setups you’ll actually brag about, usually don’t show up till Tuesday. Think of it as strategically lazy—or just smarter than most of the stampede. Mondays start the week, sure, but your money doesn’t need to.
 

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