Hello,
since I while I follow USDRUB via Exness (Mini). This pair closes at 19:45 London time and opens at 07:00am, so it's not traded 24/7 like most other pairs.
Swap still is paid at the same time as the others.
The interesting point now is that any news effects during the night cannot enter the market as its closed. Means some kind of pressure builds up on this pair every night which comes out like an explosion once the market opens during the first seconds. Usually there is a strong trend into one direction and it keeps going for several minutes till it levels off.
Anyone trading this already ?
since I while I follow USDRUB via Exness (Mini). This pair closes at 19:45 London time and opens at 07:00am, so it's not traded 24/7 like most other pairs.
Swap still is paid at the same time as the others.
The interesting point now is that any news effects during the night cannot enter the market as its closed. Means some kind of pressure builds up on this pair every night which comes out like an explosion once the market opens during the first seconds. Usually there is a strong trend into one direction and it keeps going for several minutes till it levels off.
Anyone trading this already ?