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Thanksgiving Trading!

  • #21
  • Nov 22, 2007 2:52pm Nov 22, 2007 2:52pm
Quoting Pinkpanter
I dont know why I had to put my fingers on PC.Today I lost 8000$

Perhaps we have a similar system . A very poor week here also, worst for 6 months...Maybe I will have next week off and recharge.
If we aren't supposed to eat animals..... why are they made out of meat??
  • #22
  • Nov 22, 2007 3:07pm Nov 22, 2007 3:07pm
Quoting Pinkpanter
I dont know why I had to put my fingers on PC.Today I lost 8000$
Sorry about that...
  • #23
  • Nov 22, 2007 3:14pm Nov 22, 2007 3:14pm
Well that was only my fault,I did not follow my strategy,just became greedyyyyyyy........could not stop myself from doing that.....like disease...
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  • #24
  • Nov 22, 2007 3:22pm Nov 22, 2007 3:22pm
Quoting smjones
Thanksgiving night, last year, starting at 16:00 E.T. GBPUSD took off like a bat out of hell and the move lasted through the end of the year. I have looked back in my trading diary and remember it clearly.

Markets can be moved more violently and more easily during these times, because there is far less liquidity, because there are less players.
Excellent comment. Scalpers will have a field day, in my opinion.

Happy Thanksgiving all.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #25
  • Nov 23, 2007 6:57am Nov 23, 2007 6:57am
Quoting Vensik
I don't remember any major upset during thanksgiving week the last few years, but keep in mind this is a global market. It isn't the NYSE. Thanksgiving is a US only holiday, the actual US session may be slow on Thursday but I wouldn't alter your trading too much unless you simply need more time with family. Thats always worth it.

If anything watch out for a terrible Black Friday in the US economy or some other upset relating to the day after Thanksgiving.
This week is a black friday?

I doubt it will affect the market.

Black Friday is the day after Thanksgiving..

will thanksgiving fall on wednesday and we will called it black thursday? or Thanksgiving will always be on thursday?
  • #26
  • Nov 23, 2007 7:14am Nov 23, 2007 7:14am
Quoting jayzee
This week is a black friday?

I doubt it will affect the market.

Black Friday is the day after Thanksgiving..

will thanksgiving fall on wednesday and we will called it black thursday? or Thanksgiving will always be on thursday?
Thanksgiving is always the 4th Thursday of November (in the US). Black Friday is simply a term given to the crazed shoppers that start their Christmas shopping around 0500 today.
  • #27
  • Nov 23, 2007 7:24am Nov 23, 2007 7:24am
President Franklin D. Roosevelt set the date for Thanksgiving to the fourth Thursday of November in 1939 (approved by Congress in 1941).

Source Wikipedia... http://en.wikipedia.org/wiki/Thanksgiving

BTW, that was a very nice move on Eu and GU in the night, wasn't it? I hope everyone did well on the low liquidity... The move was surely telegraphed.
  • #28
  • Nov 23, 2007 7:37am Nov 23, 2007 7:37am
OK, I won't make any more Thanksgiving remarks but it does have an interesting history. The holiday itself was established in 1863 by Abraham Lincoln. Roosevelt actually tried to move the date to the 3rd Thursday to help retailers by extending the Christmas shopping season. Apparently, it caused quite a stir.

http://www.fdrlibrary.marist.edu/thanksg.html
  • #29
  • Last Post: Nov 23, 2007 7:39am Nov 23, 2007 7:39am
Quoting philmcgrew
Thanksgiving is always the 4th Thursday of November (in the US). Black Friday is simply a term given to the crazed shoppers that start their Christmas shopping around 0500 today.
i see , i see. lol.
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