Forex weekends
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Although, over the weekend, you do not have direct access to these markets. Instead, you are taking trades directly with your broker. Most commonly traded assets over the weekend are indices and cryptocurrencies. What Is Weekend Trading? Weekend trading is done differently compared to weekday trading.
These assets are even quoted individually. Basically, your weekend contract on the DAX40 will then become a regular DAX40 contract if you keep it open over the weekend. Most traders that take advantage of weekend trading do so to either hedge a position they made during the week OR when they expect a high impact news announcement to come out over the weekend. Although the weekend is a great time to take a break and enjoy some family time, it is also the time when cryptocurrency prices tend to move the most.
This is because there are fewer traders and fewer orders being placed, and so the market is more volatile. Why Trade on Weekends? The only reason why you would really look to trade over the weekend is if you were to expect big news to come out over the weekend. Although, this is unlikely. Is it really worth trading? What time is best to start my trading? Usually, you should trade during your day. Wherever you are located, it is always easier to trade when you are awake. Of course, you can specialize in currency outside of your location.
Then you have to adjust your day rhythm accordingly. And be aware that it will also affect your personal life. What to do on weekends? We prefer to study for a weekend. When you trade daily, you often miss time for long read studies about the economy.
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