Does the forex market close in december?

Does the forex market close in december?

Does the forex market close in december?

Does the forex market close in december?

The market for foreign exchange (Forex) is the largest financial market globally, and the value of the trading volume daily is estimated at approximately $5.1 trillion.
Hedge funds, banks, and other large financial companies are the major traders in the Forex market.
Usually, the Forex market is open for trading all 24 hours of the day and five days of the week, starting Monday and closing on Friday.
Saturday, Sunday are the weekend holidays for the Forex market.
When the trading volumes are low due to holidays, off-market trades can cause changes in foreign exchange rates with noticeable fluctuations.
In addition to the holidays on weekends, other public holidays affect the Forex market, changing it.
These public holidays are Christmas, New Year Eve, and Thanksgiving Day.

The forex market does not close completely in December, but there are a few days where the brokers close earlier or completely.
I will describe these days below.

Also, traders should note that the market will begin to move more slowly from around December 15th.
As a result, many traders also take a vacation from the market from about December 15th through early January at least until the market starts moving normally again.
You can of course trade during this period, but do not expect too much from the market.
Everything moves much slower and it’s just much more risky.

Does the forex market close in december?

Does the forex market close in december?

My opinion

Try to master your discipline and learn to know when to stay off the market and when the days are good to trade.
Stay away from low volume markets and days and find your way around them.
Only then will you be profitable.
In addition, I will NOT trade on days with very little volitidity/volume and you can therefore already fill in yourself when I will not trade in December!
We traders could also use a holiday sometimes, don’t you think? 🙂
So that we can start fresh on the market in January.
And see this holiday as a challenge to learn even more and broaden your horizon in trading.
I want to wish you happy holidays and let’s make it another great and successful trading year next year!

 

Do you want to become Success Supply and Demand Trader?
Or want to know more about Does the forex market close in december??

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Want to know more about when to enter a trade forex?
The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones.
Which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demand.
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When to enter a trade forex?

When to enter a trade forex?

When to enter a trade forex?

When to enter a trade forex?

For some and I think for many novice traders it is very difficult in the beginning to determine when exactly you open a position on the forex market.
Because this of course also depends entirely on the trading style and the strategy you use.
Everyone has their own style and approach.
That is why I am going to briefly explain to you in this blog today when I enter a trade with my style and strategy.
As most of you already know, I trade on a Supply and Demand basis.
And I also had trouble finding the right entries in the beginning.
But after a lot of testing and observation it is possible with time to make better and more beautiful entries.

When do I enter a trade?

Before I enter a trade I pay attention to a number of things and only when everything is correct do I enter the trade.
I pay attention to points such as what is the trend at the moment?
Am I taking a counter move now?
Or am I going with the trend?
Are there any other blocks nearby that could hinder my trade?
Did the price grab enough liquidity?
And so everything has to be right for me before i enter a trade.
In the image below I will explain what exactly I pay attention to.

When to enter a trade forex?

Above we see a nice example on GJ.
We see a clear Demand zone and I have also drawn the Low and High.
If we look closely at this image, you can probably spot some nice entries.

When to enter a trade forex?

As you can see at us30 we comes with a lot of sellers pressure in a fresh demand level, from here we are looking for a shift from sellers to buyers we know that demand levels contain long orders in this case so possible buyer orders waiting to be filled.
We also see that the last low tested deeply (liquidity push) we also see that price comes in with high volume, which is an even greater confirmation.
Then we see a shift multiple spikes rejections / exhausted become the sellers and so the buyers take over.
Then we see a new leg up when we shift to a lower timeframe we see that on the lower timeframes new buy levels are created or new demand levels that are again full of buy orders which gives us the possibility for multiple entries!
It is very important to determine the liquidity levels and the supply / demand levels and a large part of waiting and execution at the right time is key price reading, learning to understand the price and what the price tells you, because every candle has its own story.
supply & demand..

 

Do you want to become Success Supply and Demand Trader?
Or want to know more about When to enter a trade forex?

So if you are a beginner trader and to become a good professional forex trader.
Want to know more about when to enter a trade forex?
The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones.
Which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demand.
So join THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations.
Which boosts your trading skills make you Professional Forex Market Trader.

JOIN HERE TFS COMMUNITY

======================
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Forex Trading

Looking for a Trusted Regulated Broker?

TheForexScalper recommends you join ICMARKET which is regulated and the most trusted broker.
They provide very tight raw spread account with fast execution and having multiples deposit and withdrawal options.

Join IC Market

How to take profits in trading?

How to take profits in trading?

How to take profits in trading?

How to take profits in trading?

Today I’m going to talk about taking profits.
You probably ended up here because you are having problems taking your profits.
And what exactly is the problem?
Perhaps you will find the answer to your question in this blog.
Taking your profit is a very important element in trading.
And it will also determine a large part of your success in trading.
It is also the only time when you actually own the winnings.
The problem of not taking the right take profits can have several causes.
It could be psychological or maybe you lack the right insight in your trading strategy.
Let’s talk about the psychological aspect first.

Psychological aspect.

I think we all recognize it and everyone has certainly experienced it at least once.
For example, you have taken a very nice trade and you have your stop loss and your take profit, so let the trade run now.. Or not?
The price is moving in the right direction towards your take profit.
And now things can go wrong in your head in several ways.
Maybe you get scared and close the trade much earlier than your ultimate goal?
You want to have your profit because imagine the price turning against you again?
Then the price hits your target anyway and you regret going out earlier.
You could have made so much more profit.

Or this one I hear very often.
We go back to the nice trade we took and this time too the price goes very nicely to our take profit.
The price moves quickly towards our target.
But then it goes wrong again because you see the price moving towards target so quickly, you decide that you can move your take profit a bit more to get more profit on your trade.
I mean the price moves so fast towards your target right?
Okay you just moved take profit and now just wait for your nice profit!
But now price taps into your original take profit and reverses the other way.
Oh no were you too greedy then?
And when you analyze your trade again later, you also find out that your take profit made no sense at all and you did not stick to your plan.

So the most important lesson from this story is stick to your plan. And don’t let your mind play games with you.

Trading strategy.

And now about the technical aspect with the core focus on the higher timeframes lows & highs.
We as supply & demand traders combine these two with each other, the lows and the highs mainly represent a price range.
This price range can be determined on basically each timeframe, a lower timeframe to a higher timeframe.
I mainly use the higher timeframe lows / highs to have a good indication of the price range we traded in.
This varies from daily / 4h / 1h.

Within this range we find valid supply & demand levels that allow us to see where the institutional orders are located and the big whales that ultimately move this market.
So it is important to understand that we are learning to recognize the ultimate edges of the market, and to recognize these levels of orders.

These higher timeframe lows / highs we find our supply & demand levels on the lower timeframes which offers us potential opportunities as mentioned the sell / buy orders.
these supply / demand levels are located at 4h 1h m30 m15.

See below a number of examples on XAUUSD / US30.
Which you can use as a possible target, once again learning to properly apply the concept of supply & demand within these price ranges is also a very important point.
more about this in the course.

how to take profits in trading

how to take profits in trading

Finally a tip that I want to give you, focus on max 1 to 3 assets learn to recognize the movements understand the price ranges and follow the institutional order flow, supply & demand.

keep it stupid simple.

kev

Do you want to become Success Supply and Demand Trader or want to know more about how to take profits in trading?

If you are a beginner trader and to become a good professional forex trader. Want to know more about How to trade GBPUSD? ? The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demand.
Join THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations which boosts your trading skills make you Professional Forex Market Trader.

JOIN HERE TFS COMMUNITY

======================
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Looking for a Trusted Regulated Broker?

TheForexScalper recommends you join ICMARKET which is regulated and the most trusted broker. They provide very tight raw spread account with fast execution and having multiples deposit and withdrawal options.

Join IC Market

 

 

 

How to trade GBPJPY?

How to trade GBPJPY?

How to trade GBPJPY?

How to trade GBPJPY?

I’ve been discussing a lot of forex pairs in my blogs lately.
And now it’s time to take a closer look at GBPJPY and how you can approach this pair.
I personally love GBPJPY but man oh man I also lost quite a bit of money on this pair in the beginning.
But once you can handle this pair, you can also earn a lot of money with this pair.
Let me put it this way GBPJPY is quite a wild pair.
You like it or not!

The behavior of GBPJPY.

Trading GBPJPY is a bit similar to trading GBPAUD and XAUUSD if you like excitement and action these are the pairs for you to trade.
It moves very aggressively and if you take a trade too early you will burn your fingers.
And your account if you don’t have good risk management of course!
But once you learn to recognize these sharp moves well and you know how to anticipate on them, you can also make a lot of Pips very quickly.

How to trade GBPJPY

How to trade GBPJPY

Above we see the line chart of GBPJPY and the nice movements between the Supply and Demand zones.
GBPJPY is therefore very good and clear to trade with Supply and Demand zones as long as you are patient and do not take a trade too quickly.

How to trade GBPJPY

How to trade GBPJPY

In the image above we see the same chart but switched back to the candlestick chart.
Do you also see all those liquidity spikes in the zones?
You can also see this a lot when you look back in the past of GBPJPY.
And that’s exactly why you shouldn’t get in too early with this pair.
Just wait patiently so you don’t get kicked out right away.

How to trade GBPJPY

How to trade GBPJPY

In the last image above we see the same chart again, but zoomed in a bit.
Here I have also clearly indicated the liquidity area.
Take that in your mind.
So do you see what I mean?
Price often tends to drop just a little deeper before the price finds its way up.
That’s why you have to be patient and actually wait for this to happen and then if you see the price come back up again, that’s a good indication of a possible buy.

Tip

To be able to see and recognize this, it is better not to have lists of forex pairs open in the beginning.
Preferably choose 3 and get to know them completely.
You often see the behavioral patterns of a specific couple very well.
And so you can learn to trade better.
The trick is not the more the better but the less the more winning trades you will eventually make.

Besides what I have now explained, you should of course pay attention to more things before taking a trade.
Do you want to know what exactly?
You will learn all this in the course, but applying it will take some practice.

 

Do you want to become Success Supply and Demand Trader or want to know how to trade GBPJPY?

If you are a beginner trader and to become a good professional forex trader. Want to know more about How forex leverage works? The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demand.
Join THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations which boosts your trading skills make you Professional Forex Market Trader.

JOIN HERE TFS COMMUNITY

======================
Results – Instagram
====================== 
Forex Trading

Looking for a Trusted Regulated Broker?

TheForexScalper recommends you join ICMARKET which is regulated and the most trusted broker. They provide very tight raw spread account with fast execution and having multiples deposit and withdrawal options.

Join IC Market

 

How to trade XAUUSD?

How to trade XAUUSD?

How to trade XAUUSD?

How to trade XAUUSD?

Gold is a liquid pair that’s why I love trading XAUUSD.
XAUUSD respects Supply and Demand levels very well and is therefore perfect to trade in combination with Supply and Demand Zones.
As you know I am a real Supply and Demand trader and this is a perfect combination for me.

Below you see a XAUUSD chart and I’ve highlighted the most recent Supply and Demand Zones including the lows and the highs where the price finds its liquidity.
So we can take advantage of it for break of structures or shifts in momentum with the big investors like the banks and the financial institutions.
Because they eventually move the market.
We apply part of the smart money concepts for this.
See also the next blog about smart money.

How to trade XAUUSD?

We can also see from the XAUUSD chart above that gold is very ranging right now.
Which in turn gives many opportunities to make nice trades on XAUUSD.
Whether it is trending markets or ranging markets, gold remains volatile and has an average of 100 to sometimes 250 pips per day.

XAUUSD Sessions.

The best sessions to trade gold for me are the London/New York overlap.
As most know I come from Europe and therefore i mainly trade the London and New York sessions.
And I always see gold moving even more when New York opens.
So I often like to use that overlap when trading gold.

Timeframe and Entry’s.

Gold really can be traded on any time frame.
As a Daytrader / Scalper, I mainly use the multiple timeframes such as the H4 H1 for overal bias/trend/momentum.
And the lower time frames M30 M15 and M10 for proper execution to also keep my risk to reward on point.
With regard to targets, I often use the most recent highs/lows because, as explained earlier, that’s where the most liquidity can be found.
And that, of course, combined with Supply and Demand.

Tips and tricks trading XAUUSD.

1. Trade from edges based on supply and demand.
2. Be aware of liquidity pushes (Deep liquidity pushes)
3. Understand the sessions you trade.
4. Use DXY (The US Dollar index) as confluence.

And finally, manage your risk!

Do you want to become Success Supply and Demand Trader or want to know more about How to trade XAUUSD?

If you are a beginner trader and to become a good professional forex trader. Want to know more about How forex leverage works? The Forex Scalper teaches you the best scalping trading strategy using supply and demand zones which are already traded and tested by thousands of TFS members and performs daily trades.

To become profitable from Beginner Trader and most successful Scalping trader in Supply and Demandjoin THEFOREXSCALPERS and trade with 3500+ community traders with daily analysis and educations which boosts your trading skills make you Professional Forex Market Trader.

JOIN HERE TFS COMMUNITY

======================
Results – Instagram
====================== 
Forex Trading

Looking for a Trusted Regulated Broker?

TheForexScalper recommends you join ICMARKET which is regulated and the most trusted broker. They provide very tight raw spread account with fast execution and having multiples deposit and withdrawal options.

Join IC Market

 

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