Thanksgiving crazyness same as Christmas? | Forex Factory

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Thanksgiving crazyness same as Christmas?

  • #1
  • First Post: Dec 19, 2006 8:44am Dec 19, 2006 8:44am
Well of coarse we all remember that crazy turkey day week with the 300 pips gain and no one there to stop it. Will Christmass have the same effect as everyone is away?

Maybe this is how we will see the GBP at its 2.0 that everyone was tallking about.
Euro at its 1.35 everyone thought was coming for sure.

That would be fun i think, anyone think this is at all possible? Remeber history proves that the dollar weakens 8 out of 10 times in december
Ghost Swoopen in for my pips while no one is lookin !!
  • #2
  • Dec 19, 2006 8:48am Dec 19, 2006 8:48am
Quoting Ghostpipper
Remeber history proves that the dollar weakens 8 out of 10 times in december
yes but you need 30 samples to have any statistical significance whatsoever. and imho, you need at least 300 samples to be considered valid:
Relax and be happy.
  • #3
  • Dec 19, 2006 8:50am Dec 19, 2006 8:50am
Quoting Ghostpipper
Will Christmass have the same effect as everyone is away?
during last week of dec we usually get something weird happen. it was either last christmas or the christmas before, too lazy to check the chart right now, but the market was very volitile. volume was light but the pairs were moving like crazy. if i remember correctly it was the dollar weakening.
Relax and be happy.
  • #4
  • Dec 19, 2006 9:53am Dec 19, 2006 9:53am
Quoting merlin
during last week of dec we usually get something weird happen. it was either last christmas or the christmas before, too lazy to check the chart right now, but the market was very volitile. volume was light but the pairs were moving like crazy. if i remember correctly it was the dollar weakening.
friday will be that day of weirdness, i think it was last year merlin, a friend of minds lost 80% of his account balance trying to trade during those time, sometime even a good system can't predict what happen last year and even thanksgiving of this year, so be carefull.
If I Go Broke Trying Then I Will die happy.
  • #5
  • Last Post: Dec 19, 2006 11:16am Dec 19, 2006 11:16am
I think it was the week of the 26th if my memory serves me correct

Quoting merlin
during last week of dec we usually get something weird happen. it was either last christmas or the christmas before, too lazy to check the chart right now, but the market was very volitile. volume was light but the pairs were moving like crazy. if i remember correctly it was the dollar weakening.
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