Friday Forex trading is involved too many risks
Friday is closing day for forex trading. There are so many factors that implicated too many risks.
All important news normally come on Friday. So the rate of all currency fluctuates too much which can make a big loss.
Many investors do not trade on that day mainly in the USA season. so any currency pair can move reverse direction due to pressure release.
After Friday, next 2 days market off. During these off days, anything happens in any country which can move the market in the reverse direction. So many investors do not trade on Friday.