Weekend Day Trading - Trading Hours, Markets and Strategies (2024)

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Day trading at the weekend is a growing area of finance. Forex weekend trading hours have expanded well beyond the traditional working week. With no central market, currency rates can be traded whenever any global market is operating – be it London, New York, Hong Kong or Sydney.

In this tutorial, we detail the key markets for weekend trading, strategy choices and some benefits and risks to consider.

Quick Introduction

  • Weekend trading is becoming popular as traders look for further opportunities while enjoying flexibility in terms of when they access markets.
  • As well as weekend forex trading, Bitcoin trading and cryptocurrency trading is also available around the clock all days of the week, plus the weekend.
  • A lesser-known alternative is binary options weekend trading. Binary options are perhaps the simplest possible short-term instruments – just decide if the price of an asset will go up or down within a chosen timeframe, e.g 60 seconds.
  • Some brokerages now also offer weekend trading on indices as the growth in part-time day trading continues.
  • If you are trading on the weekend, it is important to adjust your strategy accordingly, as the markets can behave differently, with lower volume and volatility risks.

Best Weekend Brokers

These are the 4 best brokers for trading over the weekend:

Click a broker for details

  1. 1

    Weekend Day Trading - Trading Hours, Markets and Strategies (2)

    FOREX.com

    Go To FOREX.com

    FOREX.com Review

    Active Trader Program With A 15% Reduction In Costs

    Ratings

    4.9 / 5

    4 / 5

    4.3 / 5

    4.6 / 5

    4.6 / 5

    4.3 / 5

    4.8 / 5

    4.5 / 5

    3.6 / 5

    3.8 / 5

    $100

    0.01 Lots

    1:50

    NFA, CFTC

    Forex, Stocks, Futures, Futures Options

    MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral

    Wire Transfer, Credit Card, Debit Card, Visa, Mastercard, Skrill, Neteller, ACH Transfer

    USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN

    Go To FOREX.com

  2. 2

    Weekend Day Trading - Trading Hours, Markets and Strategies (3)

    NinjaTrader

    Go To NinjaTrader

    NinjaTrader Review

    Ratings

    4.3 / 5

    2.8 / 5

    2.9 / 5

    4.3 / 5

    4.5 / 5

    4 / 5

    4 / 5

    3.5 / 5

    3 / 5

    3.2 / 5

    $0

    0.01 Lots

    1:50

    NFA, CFTC

    Forex, Stocks, Options, Commodities, Futures, Crypto

    NinjaTrader Desktop, Web & Mobile, eSignal

    ACH Transfer, Debit Card, Wire Transfer

    USD

    Go To NinjaTrader

  3. 3

    Weekend Day Trading - Trading Hours, Markets and Strategies (4)

    eToro USA

    Go To eToro USA

    eToro USA Review

    Invest $100 and get $10

    https://www.daytrading.com/ is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

    Ratings

    4.3 / 5

    3 / 5

    3.9 / 5

    3.4 / 5

    4 / 5

    3 / 5

    4.3 / 5

    4.5 / 5

    4.3 / 5

    4 / 5

    $10

    $10

    SEC, FINRA

    Stocks, Options, ETFs, Crypto

    eToro Trading Platform & CopyTrader

    ACH Transfer, Debit Card, PayPal, Wire Transfer

    USD

    Go To eToro USA

  4. 4

    Weekend Day Trading - Trading Hours, Markets and Strategies (5)

    OANDA US

    Go To OANDA US

    OANDA US Review

    CFDs are not available to residents in the United States.

    Ratings

    4.5 / 5

    3.5 / 5

    2.8 / 5

    4 / 5

    4.5 / 5

    3.5 / 5

    4.3 / 5

    3.8 / 5

    4.7 / 5

    3.7 / 5

    $0

    0.01 Lots

    1:50

    NFA, CFTC

    Forex, Crypto with Paxos (Cryptocurrencies are offered through Paxos. Paxos is a separate legal entity from OANDA)

    OANDA Trade, MT4, TradingView, AutoChartist

    Wire Transfer, Visa, Mastercard, Debit Card, ACH Transfer

    USD, EUR, GBP, CAD, AUD, JPY, CHF, HKD, SGD

    Go To OANDA US

Can You Trade On The Weekends?

There is a popular misconception that you cannot trade over the weekend. Perhaps this is because understandably, many in the financial world would like Saturdays and Sundays off.

Weekend trading in India, plus many US stock exchanges like the NASDAQ are off the cards from 16:00 on Friday, until 09:30 on Monday morning.

However, technology has been the catalyst for globalization and not everyone in the world works on the same schedule. The Middle East’s trading hours, for example, work Sunday to Thursday, and in some places, Saturday through to Wednesday.

So, the answer is yes, you definitely can start trading online at the weekend.

What Can You Trade?

Weekend trading in stocks, forex, cryptocurrencies, binary options, and futures has grown in popularity among retail investors. Below we outline some of the top assets and trading vehicles.

Stocks

Stocks (in some locations and at some brokers) are one of the popular markets still available on Saturdays and Sundays. Some of the largest stock indexes available during the weekend are:

  • DFM Index– This index is based on the Dubai stock exchange, which is one of the major exchanges in the United Arab Emirates.
  • Tadawul Index – This is the only stock exchange located in Saudi Arabia and hosts some major oil companies, including Saudi Aramco.
  • Kuwait Stock Exchange – This is the national stock exchange in Kuwait and includes the biggest firms, banks, insurance companies, and real estate.
  • Tel Aviv 25 Index – This is comprised of the top 25 companies by market capitalization in the Tel Aviv Exchange, Israel.

In addition to the above, some brokers are now also offering weekend trading on European and US indices including the FTSE, DAX and even the Dow Jones. However, always ensure you read the terms of weekend trades, particularly if using stop losses.

At IG for example, stop losses setup during the week will not be triggered at the weekend. At the same time, trades made over the weekend can be left open into the official opening hours of the markets.

Weekend Day Trading - Trading Hours, Markets and Strategies (6)

These conditions may play a vital part in your strategy, so make sure you understand them. As more brokers start to offer weekend trading, the differences between how they operate will grow.

Cryptocurrencies

Due to its 24/7 operation, the cryptocurrency market is also available to trade on weekends. In fact, digital assets such as crypto CFDs have fast become one of the most popular markets to trade on Saturdays and Sundays.

For example, eToro facilitates both weekday and weekend crypto trading through a single platform. IC Markets also offers weekend trading on digital assets with no commissions and leverage up to 1:200.

Binary Options

Binaries are particularly popular with weekend traders, allowing users to bet on whether the price of an underlying security, such as crypto, will rise or fall over a given timeframe. A correct bet will result in a fixed payout, while an incorrect prediction leads to the loss of your original stake.

Binary options, like CFDs, can also be traded on a range of underlying assets, including stocks and forex. Top brokers, such as Pocket Option, offers weekend trading across 4 asset classes.

Why Trade On The Weekend?

There are several reasons why you might want to start trading at the weekend:

  • Strategy friendly – Whilst some strategies will turn handsome profits in a high volume week, others will perform better on the weekends. The Asian markets that are open, for example, behave differently to many western markets. This plays into the hands of certain traders with strategies better suited for the different market conditions.
  • More trading = more profit – Whilst this is not always the case, in general, the more time you spend trading the greater opportunity you have to turn profits.
  • Flexibility – For some, trading in the week simply isn’t an option. The weekend is ideal for those with busy schedules and intra-week commitments. You have the freedom to choose the hours that suit you.
  • Focus – If your week is hectic, the weekend may come with fewer distractions. This could translate into greater concentration and enhanced trading decisions.
  • Hedging – Weekend trading can be used to hedge against risk if an open weekday position takes a negative turn. For example, if you predict an economic announcement on Saturday that could impact an existing position, you could open an opposing weekend trade in the same asset to offset a proportion of the losses.

Restrictions On Weekend Trading

Despite the numerous benefits weekend day trading offers, there remain several limitations. The most problematic of which include:

  • Limited instruments – There are fewer assets available on the weekends. If you like to trade using the news and with instruments you have a good understanding of, you may face problems. For example, Nokia, Ford Motors, and Twitter are all traded on the New York Stock Exchange and out of bounds at the weekend. However, those trading on price movements using technical analysis may still be able to turn profits.
  • Low volume – Forex weekend trading hours stretch across both Saturday and Sunday. When London closes up shop, Hong Kong is still going strong. Weekend gold and oil trading markets are very similar. The problem is, at some points trading volume will be extremely low. This results in flat markets and unhelpful charts.
  • Time zones – This limitation is rather self-explanatory. Your body clock may not look favorably on trading over the weekend. Stock exchanges in the Middle East, for example, operate at less friendly hours if you’re based in the UK or the US. If you don’t want to get up in the middle of the night, you might want to think twice.
  • Brokers hours – Many brokerage firms take the view that there aren’t enough customers to warrant opening their doors over the weekends. This means you will need to check your broker’s trading times. Pocket Option, Nadex, FXCM, and IG all offer weekend trading platforms.
  • Dangers of volatility – Whilst volatility also promises traders plenty of opportunities to turn profits, it also comes with risks. Because normal market participants aren’t active, there are often vast differences between bid and ask prices for stocks. This leads to some traders getting hoodwinked.

Do Weekends Effect Trading Strategies?

Yes, they do. As a result of the big market players spending their profits on the weekend, the markets on a Saturday and Sunday can behave in peculiar ways. You will find increased volatility and varying volume.

This all means you need to amend your strategy in line with the new market conditions. Alternatively, you may want a unique weekend trading strategy.

Below several strategies have been outlined that have been carefully designed for weekend trading.

Weekend trading has also boosted by those ‘always on’ assets – cryptocurrencies. Brokers have seen the appetite to trade is growing and add markets all the time, for example, the DOW IG Weekend and other indices.

Closing Gaps – Gap Trading Strategy

The market conditions are ideal for this weekend gap trading forex and options strategy. Gaps are simply pricing jumps. At some point something shifted the market, leading to a price jump to a higher or lower level, whilst excluding the prices in-between.

Firstly, what causes the gaps? Any number of things can be the cause, from new movements to accelerated movements. The one thing they do require though is substantial volume. Because the weekend sees the big players out of the game, you will struggle to find these gaps. Instead, you will find closing gaps.

Closing gaps can be created by just a few traders. For whatever reason, a few people invest in the same direction. The market then spikes and everyone else is left scratching their head. So, what do they do? They think it must be a mistake and trade in the opposite direction, looking to profit from the error.

  • Upwards gap – Traders will sell their assets. The markets will then fall and the gap will close.
  • Downwards gap – Traders will buy assets. The market will then rise and the gap will close.

If you see gaps in low-volume markets like on the weekends, there is a good chance they will close.

Application

Because you know the gap will close you have all the information needed to turn a profit. You know:

  • The price target – The market is going to move up until the price reaches the level of the first candlestick that makes up the gap. With downwards gaps, it should rise to the low of your previous candlestick. With upwards gaps, it should fall to the high of your initial candlestick.
  • The expiry – You know the market should reach the target price within the next period. So, you can trade a high/low option. In addition, you could trade a one-touch option, which could give you a greater payout. Make sure you invest in an option with a price target inside the gap and expiry shorter than one period.

This strategy is straightforward and can be applied to forex and commodities. All you need is your weekend trading charts and you can get to work. You can even pursue weekend gap trading with Expert Advisors (EA).

Bollinger Bands

This is an interesting approach to add to your weekend arsenal. Bollinger Bands highlight a price channel that the market shouldn’t leave. You will find that on the weekends this price channel can be fairly accurate. This makes it the ideal foundation for your weekend strategy.

The bands are composed of three lines:

  • Upper line – The moving average plus twice the standard deviation. This works as a resistance.
  • Lower line – The moving average minus twice the standard deviation. This works as a support.
  • Middle line – A 20-period moving average. This can be either support or resistance, depending on whether the market is trading above or below it.

On the whole, you will find the market will turn around when it approaches your Bollinger Band.

Weekend Use

These bands often yield the best results at the weekend. This is because in the week news events and big traders can start new movements, so the trading range varies more. When the standard variation shifts, so do the upper and lower Bollinger Bands. Strong movements will stretch the bands and carry the boundaries on the trends. This can render predictions useless.

However, the reduced volume on the weekend makes the market more stable. It is unlikely a substantial number of traders will jump on a movement and disrupt the status quo.

Application

You need to follow just three steps to implement your new weekend trading strategy:

  1. Build your chart –Decide on an instrument and then set up your price chart with your Bollinger Bands.
  2. Be patient –Now you can sit back and wait for the market to approach your bands. You need to stay patient until the market gets within one of the three Bollinger Band lines.
  3. Make your prediction –Now it’s time to enter your position that the market will turn. For example, you could use a high/low option that predicts the market will not breach the Bollinger band.

Because it is straightforward to apply, it’s ideal for both experienced traders and beginners.

Alternatives

If you don’t want to spend your weekend trading Bitcoin or on the stock market, there are other ways you can be productive. The weekend is an opportunity to analyze past performance and prepare for the week ahead.

Below are several worthwhile endeavors to explore on the weekends.

Education

As Paul Tudor Jones aptly highlighted, “The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.”

Whilst practice makes perfect, you need to absorb as much information as possible. So, consider spending the weekends pursuing the following:

  • Courses – There are numerous online courses that will help you get to grips with intricate strategies, taught by veteran traders. The top brokers also offer excellent education, including courses and tutorials. For our recommendations, see the education page.
  • Books – You will find a whole host of books and ebooks that provide invaluable advice and guidance. If you’re looking for some of the most highly regarded, see our books page.
  • Podcasts – If you’re busy on the weekend, or on a long drive to the in-laws, why not put a podcast on? You’ll find asset-specific audio casts written and recorded by experts. Just one useful tip could make the difference between a financially flailing strategy and a profitable one. See our podcasts page.

Manual Back-Testing

A popular way to predict how the markets will behave in the future is by looking to the past. You can use those lazy Sunday hours to simulate market environments of the past to test potential strategies.

Whilst it must be said past performance is no guarantee of future performance, it can be a good indicator. Not to mention you can work through any issues so your plan is ready to go when you head online at 09:30 am on Monday morning.

Evaluation

When the markets are open you can often get caught in a whirlwind of emotions and trading activity. The weekends are fantastic for giving you an opportunity to take a step back. You can take a look back and highlight any mistakes.

This will help you implement a more effective trading plan next week. Perhaps you may need to adjust your risk management strategy. Perhaps it is time to try a different breakout strategy this week. So, if you’re not interested in weekend share trading, sit down and identify areas for improvement.

Planning

The weekend also gives you the opportunity to investigate any upcoming events that may impact your market. The DailyFX Economic Calendar, for example, allows you to identify important economic dates, like policy reform. You can then tweak your action plan to take into account upcoming events that are going to influence market conditions.

Final Word

For the switched on day trader the weekend is just another opportunity to yield profits. Whilst some of the big traders are out of town, you can find volatility in markets across the globe to capitalize on. Whilst many brokers and exchanges close, there is always some alight with activity, particularly in The Middle East.

If you do want to trade over the weekend, remember to amend your strategy in line with the different market conditions. Alternatively, consider one of the weekend specific strategies above.

If you want a break from the bustle of actual trading, you can still prepare for the week ahead. You can utilize any of the educational resources listed above, or you can start back-testing and strategizing for Monday.

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Weekend Day Trading - Trading Hours, Markets and Strategies (2024)

FAQs

How much money do day traders with $10,000 accounts make per day on average? ›

On average, day traders with $10,000 accounts can make $200-$600 per day, with skilled traders aiming for 2%-5% returns daily.

What is the 11am rule in trading? ›

What Is the 11am Rule in Trading? If a trending security makes a new high of day between 11:15-11:30 am EST, there's a 75% probability of closing within 1% of the HOD.

What is the weekend trading strategy? ›

Key weekend trading strategies include technical analysis, volatility tracking, and following news events that cause price movements. Benefits include flexibility to react to announcements in real-time, gap trading at market opens, and harnessing volatility.

Can you make 200 a day with day trading? ›

A common approach for new day traders is to start with a goal of $200 per day and work up to $800-$1000 over time. Small winners are better than home runs because it forces you to stay on your plan and use discipline. Sure, you'll hit a big winner every now and then, but consistency is the real key to day trading.

What is a realistic profit from day trading? ›

Only an extremely small number of people make long-term profits through day trading - less than 1 percent. Most day traders give up after less than a month. It is therefore all the more important to start day trading on a Demo depot to learn. A typical day trading profit per day is between 0.033 and 0.13 percent.

What is the 5 minute rule in trading? ›

The 5-Minute strategy is created to aid sellers and buyers engage in back tracking and spend some time in the location with the appearance of prices proceed in a latest route. The system depends upon exponential moving averages and the MACD forex trading indicators.

What is the traders 3-day rule? ›

The 3-Day Rule in stock trading refers to the settlement rule that requires the finalization of a transaction within three business days after the trade date. This rule impacts how payments and orders are processed, requiring traders to have funds or credit in their accounts to cover purchases by the settlement date.

What is the number one rule in day trading? ›

What Is the First Rule of Day Trading? The so-called first rule of day trading is never to hold onto a position when the market closes for the day. Win or lose, sell out. Most day traders make it a rule never to hold a losing position overnight in the hope that part or all of the losses can be recouped.

What is 90% rule in trading? ›

Understanding the Rule of 90

According to this rule, 90% of novice traders will experience significant losses within their first 90 days of trading, ultimately wiping out 90% of their initial capital.

What is the 80% rule in trading? ›

The 80% Rule is a Market Profile concept and strategy. If the market opens (or moves outside of the value area ) and then moves back into the value area for two consecutive 30-min-bars, then the 80% rule states that there is a high probability of completely filling the value area.

What is the golden rule of traders? ›

Trade with the trend: Follow the market's direction. Do not trade every day: Only trade when the market conditions are favorable. Follow a trading plan: Stick to your strategy without deviating based on emotions. Never average down: Avoid adding to a losing position.

What strategy do most day traders use? ›

Best Strategies for Day Trading
  • Momentum Trading. This type of strategy often focuses on high-performing stocks. ...
  • Scalping. ...
  • Trend Following. ...
  • Gap Trading. ...
  • Ichimoku Kinko Hyo Indicator Trading. ...
  • Breakout Trading. ...
  • Range Trading. ...
  • News Trading.
Apr 15, 2024

What is the easiest market to day trade? ›

Investors can make trades in various markets, including the stock market, foreign exchange market, and options market. Many markets are available to anyone with a simple internet connection. Day traders commonly choose the forex market for its low barriers to entry as well as exchange-traded funds.

What is the best day of the week to day trade? ›

Mondays and Fridays tend to be good days to trade stocks, while the middle of the week is less volatile. Historically, April, October, and November have been the best months to buy stocks, while September has shown the worst performance.

Is $10,000 enough for day trading? ›

Indeed, you can start day trading with $10,000. It's a decent capital foundation that allows for considerable flexibility in trading. However, the amount of profit you can make or the success you can achieve is influenced by numerous factors such as your trading strategy, market conditions, and risk tolerance.

How much money do you need to make 100 dollars a day day trading? ›

You're really probably going to need closer to 4,000 or $5,000 in order to make that $100 a day consistently. And ultimately it's going to be a couple of trades a week where you total $500 a week, so it's going to take a little bit more work.

How much can I make day trading with $5000? ›

Nonetheless, it's generally accepted that a successful day trader can make between 1% to 2% of their account balance per day. Therefore, for a $5,000 trading account, this amounts to approximately $50 to $100 daily. However, these figures are mere estimates, not guarantees.

Can you make $1 000 a day day trading? ›

In order to make $1,000 a day by day trading, you have to have a lot of money — or margin — to start with. Rare (if not extinct) is the stock that doubles its price in a single day. Even a price increase of 10% in a single day is very uncommon.

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