Hows 2018 been for you so far?
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Thread: Hows 2018 been for you so far?

  1. #1
    Hey Guys, just wanted to understand the way to trading going for you guys this year. For me personally the markets feel quite dead (for a lack of a better term). In the recent months even NFP barely moves the market more than 25 pips. Its surprising. The markets egies key levels and simply hangs there like no one knows where to go next?

    Sometimes the opposite occurs. You obtain a crazy move from nowhere whenever there's not even any news planned.

    I don't understand a lot of fundamentals but I'd blame it on Trump. He has recently moved the markets up and down across the charts and I believe that the markets are simply tired and don't reaact to him . Together with Trade War looming and Brexit at closing stages, traders really must be having a hard time picking a negative on almost any pair.

    Can you feel a change this year? Do you agree?

  2. #2
    Quote Originally Posted by ;
    quote In intraday we now have plenty of motion.
    Seconded this. That is the reason why they say the Foreign Exchange liquidity has been drying up for the previous few decades. The only remaining option is to move to intraday.

    With the brokers competing for reduced spreads, it is now feasible to scalp for 10-20 pips each day rather than waiting for a very long term 100-200 pips move.

  3. #3
    January and February had adequate longer term movements. March everything slowed down but like others have stated intraday is good. For most traders this is a problem since they maintain full time jobs. Difficult to check the charts during the day for most of them.

    Asian session has been hit or miss annually. Sometimes you'll receive fantastic moves on Yen pairs but nothing which you could count on.
    London session has been for the most part a waste of time to get me personally. Today for example we're a few hours to Frankfurt and London and on EU we've only seen 26 pips of range since market open.
    US session will be where the best moves are happening. Nothing like a good Trump and Dump. He opens his mouth and spikes it one way then among his minions steps up and corrects what he stated and it moves back.

    News definitely is weird this season. The price moves just don't seem right for what the news release says. That's why I will step back and allow the dust settle before considering trading following a news event.

    Not a terrible year, only a different year. The joys of Forex. Nothing ever stays the same.

  4. #4
    Some great replies from either side people! Lol

    I do not think I can do intraday so I'll just need to wait for this stage to be over. This has struck the income hard however, so I need things to get better as fast as possible. But looking at the world right now, seems like WW3 is round the corner.

    The most fruing of things is the very fact that news is completely unpredictable. Even if the numbers prefer the currency, it would not move the pair substantially at all or even move it in opposite directions. I have had a lot of WTF? Moments this season.

  5. #5
    Quote Originally Posted by ;
    Hey Guys, just wanted to understand how's trading heading for you guys this season. For me personally the markets feel very dead (for a lack of a better term). In the recent months NFP barely moves the market more than 25 pips. Its surprising. The markets egies key levels and just hangs there like no one knows where to go next? Sometimes the opposite happens. You get a mad move from nowhere when there is not any news intended. I really don't understand a lot of fundamentals but I'd blame it on Trump. He has lately moved the markets up and down across the charts...
    In intraday we have lots of motion.

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