Holding open position over the weekend is not good idea in my experience. The odds are more against than usual due to market maker hedging and options. As fewer real people want to have the other side of those positions, that increases probability that the positions wind up at some big market mover firm. I would be extremely surprised if ***/usd opened down as it looks to me a lot of people sold to market movers and why they would move markets against them. Also since it is weekend, there could be some amplified time decay effects involved that essentially price the currencies against the open positions.
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- | Membership Revoked | Joined Apr 2015 | 880 Posts
It is the dust where you came from & it is the dust where you shall return
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not euphoria follower
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Why sell the bottoms when you can buy the tops...
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- Edited 9:41am Jul 5, 2015 9:15am | Edited 9:41am
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All posts are my personal opinion
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