If you haven't noticed already, Mondays are silent as the Quid Report is finalized for release later that day after the close. But the market doesn't care what any of us have going on. And, very rarely does it develop in a way that could set off the entire week.

These calls, by their very nature, will only be on 1, maybe 2, pairs at any given week. There may be weeks with no Monday morning calls. Most times sterling will retrace its market open move. This allows late and patient traders the opportunity to set up at those great price levels you thought you missed while I was in silence on Monday. So NEVER feel like you missed a trade on Monday. Most times, GBP pairs trade right back to those Monday levels you thought you missed so no love is lost. But sometimes, there are opportunities that truly set up in the Monday session. And when they do, I want you to know about it.

Sterling loves to give second chances. Or so we wish. As Monday comes to a close, these early traders take their profits. This very likely moves the currency pair back in a retracement correction. This happens very often. But when a GBP pair is at the beginning or end of a trend, the Monday session is the single opportunity to establish a position at these higher/lower price levels.

We are few but mighty here at the Quid Report. So do mea favor. Tell me how are you using the Quid Report? What would make it that much better for you? Thank you again to all of you for your understanding in the past week. It didn't turn out as planned or expected but the GBP/JPY short did make up for it. :)

Cheers to another week of life, kindness and markets!