Dude...Don't cancel Christmas for low liquid trading...Trading will be QUIET until after new years. It's time for the world to take a couple week break.
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Scotty, I am completely agree with you. It is the time to celebrate Christmas with family, friends, and relatives. It is time for pleasure.
they did.. on their website ..i checked ~1hr before your post
<2Hrs to go
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Thanks MaryJane, it never occurred to me to look. Still it makes ya wonder if they can't plan that far ahead of time. Now I know everyone will say, "Well, we ALL KNEW, and a lot of brokers did the same thing." Knew what? How could you know anything like that? It's dilusional.
Am sure old Jon's decision to send the $200m to England was sort-of "impromptu" too. Will Ms. Duffy take the fall? That'd be an interesting twist. Can customers even get reimbursed by taxpayers, as in Schweiz, Canada supposedly? 'Course we all KNOW he really didn't mean to steal anything!
It depends on whether your broker makes market data available on these days. However, assuming data is available, bank holidays will keep liquidity low and the data choppy and largely directionless for the early part of this week. I have only seen one decent trade today at 40 pips net but apart from that, it's been pretty uneventful with mostly wide spreads and choppy data.
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Trading US stocks (years ago), I always looked forward to holidays. That's when the market rehashes top-10 % gainers and losers from the past month or two and zooms them all over the place.
Unlike in forex, low volume affects trading movement less due to market makers. Volatility rules.
Trading US stocks (years ago), I always looked forward to holidays. That's when the market rehashes over top-10 % gainers and losers over the past month or two and zooms them all over the place.
Unlike in forex, low volume affects trading movement less due to market makers. Volatility rules.
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I don't mind whether the market is volatile or trending. Once one gets clear direction from the data, it tends to move. The low liquidity stuff tends to be all over the place however. There is the odd signal but I tend to use the choppiness as an excuse to sit around and do nothing work related. It's the only time of the year I can really convince myself I don't need to work. However, the long term plan is to eventually be a bum. Lol.
The road to pipland is arduous and fraught with challenge.
