First time posting. I’ve been learing forex for 2 months now. I’ve not been able to figure out why the market is close on certain days. All three of my demo account froze yesterday around 16:00 est. I’m sure the response is simple but then again thats what mekes me a newb.
Yes, the forex market is closed by Friday afternoon until Sunday evening. Also, most traders avoid Sunday nights and Fridays altogether, as the trading volume isn’t very high. This means individual speculators (such as ourselves) don’t often see good results. Check Monstapips’ link above for more details.
Also, R Carter is correct that the best times to trade are during the overlap of the London and New York sessions. Volume (and volatility) are highest at these times.