Robertvo: Day-to-Days trading can be very profitable. The fx markets' technical Close is at 6pm EST Mon thru Thursday, 4pm EST Friday. Market openings on Sunday vary according to the online fx broker.
Recommend you read: ‘Elliott Wave Principle : Key to Market Behavior' by Frost and Prechter, originally published in the 1970s, last edition is 1990. The text provide a theory of price movement in terms of Waves rather than 'swings'. It will also introduce you to the use and application of the fibonacci ratio, a tool that's part of every charting program and very useful to project price targets / swing points.
Overloss: as has been stated, some brokers guarantee Stops, able to do so because of programming in their order entry software; likewise they program an amount below which a client's loosing trade will be closed due to lack of margin. That amount varies among brokers so prior to choosing a broker to open an account with, ask them what amount they use, fxcm for instance closes trades when the Account Margin is reduced to the minimum Trading Margin for the lots/minilots being traded. Unlike futures trading, overloss is prevented.
Search MoneyTec for lots of info on brokers, Swing trading, EW –Elliott Wave, and fibonacci, and
demo trade for a while to test/examine your trading system/s.