For the last 3 weeks, my Forex account has been improved a lot and making money while I was travelling and enjoying holiday with my family. The system works for itself. If you were trading Forex market for more than 3 years, you know December is the holiday period for most of the big boys. London and New York are the 2 most active market for Forex transaction. Both accounted for more then 60% of the total Forex market transaction.
Everyone need a rest. During this month, the market volume is thin and it is good for small players to make money. I will keep my spread big so the position won't easily closed up. Big Boys will come back after the New Year with the huge volume and easily move the market. Anyway, if you are a player with small capital, chances for you to make money is to catch up the next big move.
As for me, I would like to see what will happen in the next 6 months since my positions is based on hedging and looking for market move in the range or trend. Sometimes, if market go against me, I will cut big losses which most of the amateur players scare of. My philosophy in Forex Market is "As long as you make money over the time as defined, you are the winner." The return is definitely much better then you park your money in the bank or put in to some lousy 'mutual fund'.
December is a month for every one to recharge their battery and spend more time with family even you are in the most vicious financial market.
