Market rollover is the daily window when the Forex market closes, at 5:00 PM EST. During this brief pause, currency pairs can experience sudden price spikes or fluctuations due to factors like interest rate adjustments, news events, or liquidity shifts - the intensity of these moves varies from day to day, and there's no trading activity, meaning you can't open or close positions. You'll also notice spreads widening as liquidity thins. In our simulated environment at Seacrest Markets, these events play out just like in real markets.
To navigate rollover smoothly, it's wise to close positions, or adjust your stop loss as the window approaches, if your setup lacks a strong buffer, since rapid gaps might bypass stops or takes on reopen. You won't see live candles during the close, but when markets resume, any gaps could make your equity to touch any of your drawdown limits - though this doesn't always happen. Weekends extend the idea, as unexpected global news can widen Monday gaps, so if you're holding over, factor that in; we can't control external events, but awareness keeps your trades resilient.
While holding trades over rollover or over the weekend isn't banned, it's best to be cautious - similar moves can happen during London Open or NY Open. Experienced traders often use smaller positions, and wider stop losses, or avoid these trading times altogether.
For further information and a better understanding of market rollover, we recommend referring to the following resources:
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