Forex Trading On Weekends
The forex weekend trading strategy that capitalises on gaps is about anticipating sunday’s opening price will have returned to friday’s closing price. the ‘gap’ is simply the price differential between the price when the traditional forex market closes on a friday evening, and the price when it reopens on a sunday. Even though in theory the currency market never closes, it is extremely hard to see someone trading on a sunday. a beginner may even feel the trading activity has come to a halt because of forex brokers who take a break on weekends. however, it is not the case as explained below. Some people hate working on the weekends but i love it, in fact, i look forward to it, here’s why… as a trader, i know it’s critically important that i am as prepared as possible for the upcoming trading week, and i have learned over my 15+ years in the market that the best time to do my market analysis and make trading decisions, is when the markets are closed. Trading on saturday and sunday? week...