Thread: Thanksgiving Trading!

Can my fellow traders plan on trading?

Exactly the same as every week

No charts for me this week...I'll be cooking those pips!!!

I'll be barbecuing those bulls which were slaughtered.

Originally Posted by ;

How can my fellow traders aim on trading this past week?

It depends on price action/volatility

Thanks giving historically has provided some crazy moves, anticipate the unexpected:-)

I don't plan on being far from my PC.

I plan on being far collecting capital from relatives, in the computer . It is a vicious cycle? Needing money to generate money and all...

I don't remember any major upset during thanksgiving week the last few decades, but remember that this is a market. It isn't the NYSE. Thanksgiving is a US only holiday, the US session could be slow Thursday but I wouldn't alter your trading a lot unless you simply need more time with family. Thats always well worth it.

If anything watch out for a terrible Black Friday at the US market or some other upset concerning the day after Thanksgiving.

Thanksgiving night, last year, beginning at 16:00 E.T. GBPUSD took off like a bat out of hell along with also the move lasted through the end of the year. I recall it and have looked back in my trading diary.

Markets can be transferred more and more easily through these times, since there's much less liquidity, since there are less players.