Weekend trading: does your broker offer it, and is it worth it?
Some brokers now offer weekend trading on select pairs, with wide spreads and thin liquidity. The early experiences are mixed and worth collecting.
Have you tried it?
- the broker and the pairs offered
- the spreads and fills you saw
- whether it changed your weekend risk approach
The weekend gaps guide explains the underlying liquidity problem.
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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