The Xmas holidays aren't the best time for trading as traders are on holidaying.. this mean that the market volume is low and that technical trading patterns are prone to whipsaws and low volatility. It generally isn't a good time to do any trading until the New Year. I have also taken quite a few holidays off work and looking forward to relaxing and I'll be back next year. I hope you all have a great Xmas and New Year!! Alan
I really seem to be getting the hang of trading the forex markets lately and my account is at all time highs... long may it be like this. I don't really know if it's me who has improved or simply that the markets are favouring my style of trading... anyway, I am happy with how things are working out except for the fact that although I enter quite well, I seems to be taking profits far too early still... here are my trades for today... I went long the USDCAD forex pair at 12515 and close
The more I look at the stock market, the more I realise that trading is a game of probabilities.. you are never sure what the market will do, you can only make an educated guess as to what may happen and then hope that the market goes your way. If you've an edge, then you have a chance of making it as a successful trader. Anyway, my trade today was a long at 96.37 as I saw the price action bounce off the bottom of the range which I identified... the market had hit the bottom line 3 times an
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