market (forex) is closed during the weekend, but this is not true. Two weeks ago I talked about the weekend gaps, because some of the currency pairs opened with a relatively big gap at that time. These type of events will generally lead to the market opening after the weekend with a large gap and generally a large change in your position. It seems EUR/USD is not eager to go up to fill the gap, the way that USD/CHF is going down strongly.
However, gaps are also very common in forex market to form, when the market is closed during the weekend.
Weekend gap trading is a popular strategy with foreign exchange, or Forex, traders.
While technically open around the clock, Forex trading closes on Friday afternoon and doesnt reopen until Sunday evening.
Weekend exchange rate sites!
To anyone wondering, here are a few sites that monitor live currency exchange rates over the weekend.
Les meilleurs courtiers forex américains
Vis forex gbp aud
Its important that when the BOJ Governor Haruhiko Kuroda speaks to pay attention. It is not recommended to hold trades over the weekend unless your method is a long-term strategy which incorporates holding trades for a long time weeks, months. It isnt always about when not to trade, but also what not to trade. EUR/CAD dropping.75.5120. If you are new here on LuckScout, please follow the below articles to learn what I mean by strong setups.