Liquidity After Holdiday Season

[BWise]

Happy Holidays to all the traders here at BP.

I know we are in the midst of the Holiday season and as such liquidity in the markets is next to nothing. My question to you enlightend folk on this board is when do yall expect liquidity to return to normal in the forex market?

I think it’ll be from January 5th onward, but I wanted to hear the opinions of others.

Cheers.

[FXdude]

Happy Holidays to all the traders here at BP.

I know we are in the midst of the Holiday season and as such liquidity in the markets is next to nothing. My question to you enlightend folk on this board is when do yall expect liquidity to return to normal in the forex market?

I think it’ll be from January 5th and onward, but I wanted to hear the opions of others.

Cheers.

Yeah, you probably won’t see any meaningful volume return until Jan. 5th. Liquidity is light, meaning spikes are more likely and getting filled at the price you want will be a bit harder. Bad for your stop orders. Me personally, I have long term positions on, but no scalping until then…plus I need a vacation!

[reapr]

I would suspect being new to this that any scalping or short term trades are riskier around the holidays. My fave the Eur/USD is moving sideways … I usually stay out of short term trades in stocks or futures so I would hope that this would apply to forex.

Can anyone who is successful in forex prove otherwise I am not looking for an argument just maybe some insight into some missed opportunities during the holidays.

[mp6140]

I would suspect being new to this that any scalping or short term trades are riskier around the holidays. My fave the Eur/USD is moving sideways … I usually stay out of short term trades in stocks or futures so I would hope that this would apply to forex.

[B] I must first take issue with the EUR/USD pair moving sideways, as it has done anything but, having broken the top LRC and reversed back down past the middle and heading for a bottom, although it looks to tarry near the middle at this point which will THEN be moving essentially sideways, but hasnt happened yet – i know because ive been long and short the yuro/buck for a few weeks now.

FOR the past few months there has been a very definite design behind what appears to be pure mud, and that is a very large number of STOCK people are now doing forex, and what is easiest for them is to simply scalp the one minute, while the banks oversee the trend movements and make sure everything still moves where THEY want it so there is not total anarchy !

if you notice, the one (and less) minute chart is being used for the overwhelming part of each hour and a half cycle, with only the 5 and 15 coming into effect near the end of that particular cycle. The H1 often begins a new trend in the morning BUT it doesnt ACT on that trend until the evening, after midnite est, and while the trend may be UP, invariably the H1 forms a double bottom (or top) and then begins to move at night !

while this is fairly standard behavior for forex, the additional equities peoples are trading for one or two pips and then shorting the same amount and then going long again for the same amount — with a decent knowledge of support and resistance, the game is a simple one, as fibs are of no real importance in this present game, only a “suggestion” of where the tp lies ![/B]

Can anyone who is successful in forex prove otherwise I am not looking for an argument just maybe some insight into some missed opportunities during the holidays.

[B]there will be the same opportunities, although volume will be lighter in the US trading ---- trades will take longer to complete, but the trend is always what is important, and the banks job is to maintain that trend, while yours is to locate and follow it slavishly ![/B]

[B]PLEASE UNDERSTAND, what appears to be gibberish is making a lot of traders smile like mad, but of course they KNOW where the price is heading each day and allow the drawdowns, knowing their tp will be hit — theyre invariably MUCH more patient than newbs ![/B]

enjoy and trade well

mp

[B][I]Within the great hall at Elfinore stands a wondrous coffer, precisely four cubits square and securely latched against the outside world. Inside that repository, shut away from impertinent eyes, abides many an intriquing trading secret garnered from around the world and over the ages !

As a child, i used to watch from the darkness as the secrets were debated and annotated by the elders. No one there held a single thought of my presence – BUT I KNOW WHERE THEY HID THE KEY !! [/I][/B]