Good morning to you all our friends, it's been a low volatility week of trading as we have seen the effect of Holiday thin liquidity on the direction of price and today is no exception. Technically, the break of GBPUSD 1.2053 & USDCAD 1.3551 price levels earlier in European trading suggest a mixed feelings in market mood and with Gold opening higher in London , the economy carlender do not have that interesting news event that should cause investors to bank on Gold and these should naturally result in bearish close below 1.2043 for GBPUSD pair but again can the low cash flow influence a close above that point today? For us we remain on the sideline as we look forward to the NEW YEAR. Happy trading.
Beware of thin liquidity as market closes for the year
- Thread starter gabolan3
- Start date
Jack Reacher
Verified member
Good trading depends on how much measurement you adopt to develop yourself. Identification of trading loopholes is obligatory for traders because traders need to work on these loopholes. While trading, we mostly prefer looking at indicators but we don’t know that candlesticks’ shape and sizes foretell us the market’s direction. Eurotrader provides signals on and off to help traders in earning more.
Keep yourself away from greed and emotion because they are harmful. You must not be greedy about Forex trading because it will work as an obstacle to the way of earning profit. Eurotrader’s 111% deposit bonus and high leverage facility must satisfy you. They also offer flexible leverage and low trading spread to traders.
Mary Frederick
Active member
An insecure broker is never regulated and we should know this factor. We can’t trust an insure broker. However, it’s a brain-churning issue for those who have large amount of capital and want high security from a broker. By using several regulated banks’ accounts, Eurotrader ensures high security of funding.
Pamela Joan
New member
This is just one of the ways binary option scams can defraud you. There are many fraudulent binary option trading platforms and brokers out there taking advantage of nice investors daily. However, if you’ve fallen victim to a bitcoin scam, there are different steps you can try to get your money back through (webrootrecovery@ gmail . com) your best recovery adept when it comes to Binary options
marym
Active member
Good morning to you too! Thank you for sharing your analysis of the current market conditions. As you mentioned, the low volatility week and the impact of the holiday season can affect the direction of prices in the Forex market. It's important for traders to remain cautious and keep an eye on any potential news events that could cause market fluctuations. The mixed feelings in market mood you mentioned for GBPUSD and USDCAD pairs can also be influenced by factors such as geopolitical tensions or changes in interest rates. It's always wise to remain on the sideline when in doubt and wait for a clearer picture before entering a trade. Wishing you a successful and profitable trading year ahead!
Similar threads
