Trading Tips On Sunday Opening Day.

Saturday and Sunday are the moments when the financial market is closed which causes volatility to be low. Then volatility becomes high on Monday when the market opens, so what can be done?

#1 Review of Last Week's Situation.

Last week's condition will reflect the potential condition in the following week. If there was a bearish sentiment last week and also a potential decline, then be aware of the potential for a red market when the market opens due to the selling pressure that occurs.

#2 Look at the Pre-Market Conditions.

When the market is about to open, there is always a pre-market price displayed where the situation is a highlight of the potential that will occur when the market opens. If the pre-market is green then there is a chance of a crypto pump but when the pre-market is red there is a chance of a crypto dump.

#3 Be Careful With Volatility.

When the market just opens there will be unusual volatility which causes the potential for false breakouts. Wait 1-2 hours after the market opens to bias the position taking.

#4 Don't Overtrade When Market Direction Is Not Clear.

At the beginning of the opening, often the market direction is still unclear so we have to be careful when opening a position where it is better not to be aggressive and reduce the position rather than getting caught in the wrong bias.