Is it worth trading the week of Christmas & New Years?

Discussion in 'Trading' started by cornholio, Dec 23, 2013.

  1. There is no Christmas in the Forex market, as Japan and other non-Christian countries continue trading around the clock.
     
    #11     Dec 23, 2013
  2. newwurldmn

    newwurldmn

    You might trade bigger than me then. I have no problem with liquidity.

    Or you trade on tighter ranges than I because a few cents is noise to my pnl.
     
    #12     Dec 23, 2013
  3. Could one keep an eye on your implied long that avoids noise?

    Price information is public. SPY range today is: 182.07 - 182.64.

    The investor is long the gaps, and have no stop losses for the whole year. He made say 0.20/day. How could a trader that avoids noise & gaps, yet trades, beat him? How did you it for days like today where there is a gap? How do you deal with the set backs due to stops?
     
    #13     Dec 23, 2013
  4. Visaria

    Visaria

    With regard to the stock market, Japan was on holiday today (Emperor's b'day). Japan is closed on Xmas day and also 4 out of 5 days of the first week of 2014.
     
    #14     Dec 23, 2013
  5. Visaria

    Visaria

    There can be exceptional opportunities in the last two weeks of the year. As i stated elsewhere, i know v profitable traders who only trade in the last two weeks (no trading in the other 50 weeks ).
     
    #15     Dec 23, 2013
  6. Redneck

    Redneck

    No clue what you trade..., or your skill – so my answer would be; no.., maybe.., possibly even yes

    ===========

    For me it’s yes – why – that's how I stay in trading trim..., and – in tune with the mkt


    I hate breaking my routine… I also hate price making a move and I not a clue how it got there

    Everyone is different

    RN
     
    #16     Dec 23, 2013
  7. depends on your broker, at ib, even forex has holiday hours

    man that firm has really gone down hill

    you use to be able to go to the home page and there was link to holiday hours, now I can't even find it on their whole site

    my guess is forex will halt at 1700 dec 24 and open at 1715 dec 25
     
    #17     Dec 23, 2013
  8. ok, I finally found it
    fx close dec 24 1315
    fx open 1900 dec 25
     
    #18     Dec 23, 2013
  9. FXforex

    FXforex

    #19     Dec 23, 2013


  10. You are talking about retails traders, I was talking about corporations and high net worth individuals who trade directly on the Interbank.

    If the CEO of BMW in Munich wants to buy 50 million US dollars right now, do you think he will have to wait until Christmas is over to do so, or wait for some forex broker to open his shop because of some holidays? :p
     
    #20     Dec 23, 2013