Classic Tuesday #3 (High Impact News Thursday & Friday)

19 oct.

In a bullish market scenario, the "Classic Tuesday" playbook suggests a predictable weekly price pattern. Typically, the market hits its lowest point on Tuesday, offering a prime buying opportunity. The best trade can often be made from the London open on Tuesday to the New York open on Wednesday, as the market begins to rise steadily. By Thursday, the market generally reaches its weekly high, making it an ideal time to lock in profits. This strategy allows traders to capitalize on the mid-week low and the bullish momentum that follows.