Weekend news: what are you watching into Monday?
Weekends carry risk: geopolitics, elections, sudden policy announcements. The Sunday thread collects what members are watching and how they're positioned for the gap.
Post:
- the weekend risks you're tracking
- the positions you're comfortable holding
- your Monday plan if the open gaps
Background: weekend gaps explained.
Background: Weekend gaps: why prices jump when the forex market reopens
Currencies stop trading on Friday evening, but the news doesn't. What happens to your positions and stops when the market reopens at a different price.
What is a weekend gap in forex?
A difference between Friday's closing price and the first price when the market reopens on Sunday, caused by news or events over the weekend.
Will my stop-loss protect me from a gap?
Not fully. A standard stop is triggered when the market reopens and fills at the first available price, which can be beyond the stop. Guaranteed stops, where offered, avoid this for a fee.
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