Hello my people, can someone advise on how 2morrow’s US bank holiday can affect my trade EUR/USD. And also how do holidays in countries one is trading affect their pair impact on the trade. Thank very much.
You will find when the U.S. or the U.K. are on holiday the market slows down. 60% of all trading is done in the London session. So when the big boys are taking a break the big moves tend to stop.
Personally I just stay out of the market when the U.S. or U.K. has a bank holiday.
Hello my people, can someone advise on how 2morrow’s US bank holiday can affect my trade EUR/USD. And also how do holidays in countries one is trading affect their pair impact on the trade. Thank very much.
if your long you are in great shape coz it gapped up aprox 200 pips
last week it gapped down.
nicks right unless you are in a swing position maybe best to sit on the sidelines during us holidays coz of the very reduced trading volume