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Hi ..
The FX market is 24/7. This means that it is always open, 24 hours a day, 7 days a week. However, the weekends are generally seen as 'taboo' for trading, especially by intraday traders.
The 5pm EST is, and dont quote me, the time that 'rollover' interest rates are calculated. That means that brokers will pay or charge your account interest on all open trades that use margins.
I try and close all my trades prior to that, being an intraday trader.
Good trading to all.....................
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Good Trading to all........
fairwind
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