Green & red days by weekday

Check out one of our founders explaining this report in the video below:

The report shows how often a weekday closes green or red. This can be measured in two different ways : Previous days session close to current days session close or current sessions open to current sessions close. Lets look at some live examples so you know what i mean. Previous days session close to current days session close:

In the example above the current session closed ABOVE the previous sessions close making it a GREEN DAY.

Now lets look at a RED DAY:

In the example above the current session closed BELOW the previous sessions close making it a RED DAY.

Now lets see examples of green & red days measured by current session open to current session close

In the example above the current session closed ABOVE the open of the current session making it a GREEN DAY

Now lets see a RED DAY:

In the example above the current session closed BELOW the open of the current session making it a RED DAY

HOW DO I USE THIS IN MY TRADING ?

Certain weekdays can have specific performance tendencies, seeing the data can help you pick a direction on the day, set profit targets, and stop losses. You can also combine this report with our gap fill report to develop a stronger edge.