Beware Of Spread Widening During Daily Market Rollover! 🕰️📉
Every day at 5 PM EST, the forex market transitions to a new daily candle, causing liquidity to dry up and spreads to widen massively. If you have an open trade near its stop loss or your equity is hovering close to your daily drawdown limit, these artificially huge spreads can instantly trigger a hard account breach. Always manage your open positions carefully or close them before the rollover period! 🛑📊✅