Trust me, I didn't like to in the past, either. However, I've recently realized that there are a lot of things nobody wants to do that bear the highest rewards (for just that very reason).Quote from Jayford:
I would not wish to have a position over weekend.
One thing was trading longer timeframes (with then likely lower hit rate). I got over it. Then, holding things overnight. Well, I got over it. Holding things over the weekend... Last challenge I suppose. I wouldn't do it often, but I want to be able to benefit from great opps, such as the multiple long rejection of ES, dooming and glooming all over it. The point is that in the face of circumstances, nobody would really dare to buy over the weekend. So, sellers probably outweigh (which seems to have happened). Once the US opens, this might change a little, but we'll see. I'm flat for now, and ready to go again.
Just look at the Yen man, it's insane. It just hit and well tested the 80% retracement level. That's a pretty good long sign in the long run. Who would've thought I'd go that far, when we took our profits at the 50% level? The Yen might retrace a bit now, maybe up to a few hundred points. But in the longer run, I believe the Yen might reach and break 9550 level, and as a secondary goal, could well break 10,000. Once a continuing US bear market is confirmed, it's only thumbs up for the EUR and JPY.

