Slowest Week of the Year
December 27, 2006 by Trader Rich
According to forexblog.org, this week is perennially one of the slowest of the year. Why? Traders are on vacation or busy evaluating their 2006 performance. I'm of the thinking, "expect the unexpected." From my experience I'm not going to write off trading this week. I wrote off trading during Thanksgiving week and missed some decent opportunities. On December 28th, 2005, the GBP/USD had almost a 300 pip range and it was pretty much a downward plunge. I'll keep my eyes open and stick to my plan with hopes of finishing 2006 strong.
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