It's a OTC trade whereby there's no "middleman" or central exchange. Just being curious what could be the reasons.. Actually, there is a market for Forex all weekend, we do not see that as we are using retail brokers If you want a trade, there will be a market maker somewhere who will take the trade, however, due to the illiquidity on weekends you will pay a hefty premium spread.
Low illiquidity higher spreads - Higher illiquidity lower spreads. Pretty much like trying to get to your bank on Sunday for a money order and with nobody there, having to go to local food mart for it The topic of this thread is an obvious but valid question for anyone in forex. Great responses guys - thanks!
Well, now that dbFX is non-existent closed , any other recommendations for those curious to see what happens during weekends including me? It could be argued that "if you can't make enough money during the week then what good will another two days be?
I like to think positive: Then some would say, "Well, when will you get time off? And to those that say they "have too much money to know what to do with it" - you need to get "out" more.
Learn to be generous and help others instead of thinking of spending money on only your selfish-self. Why does Forex Trading close on Weekends? What's more probably people are more free on weekends? Contact your broker representative, he will be able to tell you who may be available. Oanda will let you trade on the weekends, but the spread is 20 pips. The guy that wants to trade on the weekend.
Or does this answer my question? Good thread and great answers There is also the issue of actually accessing charts in the first place, as shown in this thread of mine:More...