How to Trade Forex During the Holidays - Part 1 | Vantage FX UK

  • 11 years ago
Vantage FX (http://www.vantagefx.co.uk) look at what Forex traders should look out for during quieter periods in the holidays.

Holiday Trading

In this week's series we're looking at how tp trade in quiet markets and during the holiday periods when the market can thin. Traders can anticipate seeing price spikes and vicious moves, depending on thin the market becomes during these periods.

We're looking initially at GBP/USD over the Christmas and New Years period in 2012. During that period, we can see that there was a dip followed by a spike which then formed a shooting star candle.

In this chart, as often happens, the price then returns to where it was before the holiday period.

During this week we'll look at the markets in the lead up to the Thanksgiving holiday on Thursday.