Recent Market Activity
by John on 31/12/08 at 1:07 pm
As expected, the Forex market was nearly dead during the Christmas week. If you take a look at the daily chart, you’ll notice the volume and volatility was tiny:
Usually the Christmas and the New Year weeks are the worst ones to trade Forex. I personally prefer to stand on the sidelines during this period since there aren’t much opportunities to make money anyway.
Next week, the market will return with much more opportunities.
I wish you an happy and profitable 2009.
