It is not really the Proof of Work which prevents double spends but rather the blockchain itself which prevents double spends. Once the customer executes both transactions, they are sent to an unconfirmed pool of transactions. So far, inRead more
It shows the current market position for the crossing. Foundational knowledge to help you develop an edge in the market. Contact Us, cookies, risk Warning, privacy,. Conditions in the demo account cannot always reasonably reflect all of the marketRead more
personal times that you should avoid trading in can be summed up as times when you are out of sync with your normal mental rhythm. As I mentioned before, top. Currency business is not for emotional decisions. I will never advise you to trade on live account from 24th. As mentioned earlier, interest rate announcements can cause big movements. The reason for this is that the big players such as big banks and hedge funds close their positions for the weekend on Fridays.
Forex systems are programmed to follow strict rules based on technical indicators or what so ever. And these events normally are not planned in the economic calendars. These people include the ECB President Mario Draghi, Fed Chairman Jerome Powell, and BOE Governor Mark Carney. This can affect price substantially as they are responsible for setting interest rates for those countries. The market reasons for not taking a trade are different in this sense. All it would take is for one Bank to go bust over the weekend for your position to flip on its head. You may as well go off and enjoy yourself. Better to play with your children in the garden or visit mother-in-law than trying to follow EUR/USD trend at 21:00h on December, 25th. Forex lions (hedge funds, market leaders, banks) in selling or buying the currencies during the holidays.