Tomorrow is a US holiday. How will this
affect your trading?
affect your trading?
If you haven't made it yet, what makes you think you will? 212 replies
Trade What You Know and Know What You Trade 4 replies
When will you be taking your holiday? 2 replies
will you trade today ??? Dec 25 ? when will you trade back ? 6 replies
Holiday, holiday, holiday 29 replies
DislikedMy intention here is not to prove you guys wrong. This took me 15 minutes to setup, but I hope it will be well worth it.
Look at the first chart of IBFX under the name, Now you dont.jpg. You will see 22nd December and next 26th December Tuesday. There was no price data for 25th December as it was a major holiday.
Look at the second chart called, now you see.jpg. It shows 25th December price data. You can clearly see that, somebody silently made a killing in the market by buying heavy lots of gbpusd and moving it up 163 pips and then took profit and brought the price back where it was the previous day. So, when price opened up on the 26th, everything looked normal.
My point is there are big players out there, probably based offshore, who make the most out of a silent market when competition is low.
Amazing huh?
Hope that helps!Ignored