Posts

Showing posts with the label Weekends

Forex Trading On Weekends

Image
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...

On Trading Forex Weekends

Image
Hold Forex Trades Through The Weekend Or Close Them If your trading journal tells you that 70% of the trades you leave open over the weekend actually work out fine, you have a good indication of what to do in the future. 5. friday and monday trading. i have a rule in my trading plan that i don’t open trades on a friday afternoon. this is because trading on fridays often slows down a bit. What is weekend trading? weekend trading gives you access to forex, indices and cryptocurrency markets on a saturday and sunday. so, if news breaks and you see an opportunity to trade, you won’t have to wait until the markets open again on sunday evening. weekend prices for indices and forex are quoted separately to their weekday counterparts. To get started forex weekend trading, you’ll need several ingredients: broker many online forex brokers do not operate during the weekend. so, do your research to find a reliable and platform weekend forex trading requires careful technical and fundamental ana...