November and December Forex Trading

Hi Guys!

I was told that the November and December trading activity will be slow and that no one will be trading at that time. The market will pick up 2nd week of January 2008.

Is that true? Any comments?

there is no significance to november and december

actually i hope volatility cant get much lower than it has been lately. just look at the downtrend in ATR (20) on the daily charts of EUR/USD, GBP/USD, and USD/JPY.

Is it advisable to trade then?

i think the general wisdom is that the market can be erratic towards the 'holiday season'. maybe you could think of it in terms of holding positions over a long weekend or something. not sure i can definitively advise for or against it, just another something to be aware of in view of your trading strategy.

I normaly stop trading around dec 23rd and come back after new years, but this year looks like the last day will be the 21st for me