Sunday: Needless explanation as major banks are not open on Sundays and therefore no activity.
Friday: Some traders profit / reduce losses on Fridays, others do not, options stand out on Fridays, NFP (Non Farm Payrolls) also is published every first Friday of the month. You understand already. Friday is unpredictable day for forex traders. Shares on the New York Stock Exchange ended on Friday the worst week of June as they are published not overly optimistic reports on corporate profits for the third quarter of the year. Although trading was with mixed success, the main indices have lost more than two percent this week, its worst weekly result since the index Standard and Poor’s fell by three per cent on 1st June. On Friday, Standard & Poor 500 lost 4.25 points to end at 1428.59 points. Industrial index Dow Jones (Dow Jones) with a gain of 2.46 points finished at 13,328.8, while the Nasdaq lost 5.3 points and ended at 3044.11 points. Indexes on New York Stock Exchange in spite of this week’s losses generally on the rise – Standard & Poor 500 of June 1, increased by 11.8 percent.
Banks are closed during the holidays. Of course, if today is a holiday in Japan, you can safely trade forex GBP / USD. The publication of important economic data disturbs the forex market and produces big rocking the minute in both directions. Otherwise, setting up a small stop commands definitely does not work in the publication of important news. Also, all brokers work with the changed-time for the Christmas and New Year’s holidays. If you have not already been informed about it, contact your (their): when the market closes on 24 and 31 December, whether and how it works 25.12. and 01.01. and all the other little things that are important to everyday commerce. For the same reason our daily technical analysis on the site will not be asked regularly coming days. I’m interested in what are your opinions in view to begin a holiday euphoria. Specifically whether you’re making a break in trading, say before the Catholic Christmas to our goddess? Opinion is divided.
Avoid to trade forex on Monday and Friday. It shows on the pircture.
As for the volatility of the market, there are no rules. But one thing is certain. Much less money in the trade (because of the Christmas and N. y. – Major players rest), so that creates more space for the explosive displacement on a daily basis. In any case, beginners with real better let rest during the New Year holiday The last two weeks of December and the first two weeks of January is the worst time of year for trading. At this time, most big investors on vacation and only hold their positions if they have them at all and open. Currency pairs known to be stuck to some extent. Sometimes you will get a sign-and breakout from the range, you’ll get into trading, but the graphics quickly restored. This market can impair and the EA so to advise you that your trading lower on the more conservative level. It will also most service providers and signal to pause and do not be surprised. Reduce lots, reduce the number of positions, do not trade forex in aggressive methods. The last thing you want before the end of the year is to wreck several months of profitable work backwards. Better add up what you’ve earned during the year, what you’ve learned, what you will do. Wall Street recorded the worst start in history because of the collapse of the index caused by breaking oil prices above $ 100 and new data indicating a weakening US economy. Dow Jones index plunged in the night between Wednesday and Thursday 220 points or almost 1.7 percent to 13,043 points. S & P index fell about 1.4 percent to 1,447 points.
Dow Jones until this year had never first working day of the year fell more than 200 points, while the larger loss in percentage recorded only as far back as 1983. Due to the decline in industrial production fell actions largest US manufacturer. Price action largest US steel mill “US Steel” sank six percent, “Textron”, manufacturers of aircraft and helicopters, even 6.3 percent. Among the few winners of the action of oil and other energy companies, which brought a record price of oil in the United States, which, for the first time in history broke above $ 100. The idea of how to potential investors are focused to its stock exchange, and the first day of trading in 2008, as an incentive to brokers and investors, on the Philippines Stock Exchange held Mass. Escape investor’s risk last week on global stock markets sharply revised the value of blue-chip shares and erased all gains realized from the beginning of the year. In February the Dow lost 2.8 percent in value, while the Nasdaq 1.9 percent. The value of the shares on the New York Stock Exchange on Tuesday recorded the biggest one-day fall since the terrorist attacks of September 11, 2001, with a drop in the Dow Jones index to a record 416 points.
The large drop in prices of Chinese stocks, weakness in some key indicators of the US economy and the news that US Vice President Dick Cheney was the obvious target of Taliban suicide attack in Afghanistan prompted market was crashed. Demolition of the main index value of shares in China on Tuesday for nine percent is scared investors and prompted flight into safer securities. The broad and aggressive selling US stocks, following an increase of concern for US mortgage market and the real value of the shares. During Tuesday’s Dow index fell as much as 546.20 points, or 4.3 per cent, but at the end of trading somewhat recovered and stopped at the red of 416.02 points or 3.29 percent, to 12,216 points .
US stocks lost a total of $ 632 billion, as calculated by Standard & Poor’s Corp. The index of the broader market intervention, the S & P 500 recorded a fall of 50.33 points or 3.5 percent to 1,399, which is its biggest daily loss since March 2003. The index of technology stocks Nasdaq sank to 96.66 points or 3.9 percent to 2.407.86 the biggest drop since December 2002.
The consequences of a sharp fall in the value of shares in China and the United States London’s FTSE index on Wednesday was at a loss of 0.8 percent, ending trading at 6171.5 points – wiping out gains so since the beginning of the year. Frankfurt’s DAX was down 1.5 percent to 6,715 points.
Precipitous decline of the market and its worldwide distribution signal a possible correction after a long period of stable growth of the stock market, which was not shaken by such capricious trading for several years. Price corrections are not typically only one day. Investors could continue to withdraw capital from the market. In my opinion, there is still room for price adjustments between 4 and 6 percent before conclude that stock prices again attractive. Reflects investors’ flight to quality and relatively safer investment, the 10-year US government bonds have risen, while their yield fell from 4.57 to 4.56 percent. Also, investors tend to buy stocks sector that they believe are better positioned in terms of moderate economic growth. London’s FTSE index in the past week was at a loss of 4.5 percent, to 6,116 points Frankfurt’s DAX index sank 5.6 percent to 6,603 points. It is the worst week after the implementation of the European markets from September 2001. The Tokyo Stock Exchange’s Nikkei sank in that period by 5.3 percent. It was the 4th March 2007.
On foreign bond markets and the news event of the day was the decision and comments from the FOMC meeting held on Wednesday. It was pointed out that to raise interest rates as early as April will certainly not come, but it will raise the same consideration in accordance with the state of the US economy (primarily referring to the improvement in the labor market) and the growth rate of inflation to the target 2% (raising interest rates is about June this year as possible at each meeting). All these decisions prompted the decline in yields on ten-year US bonds from 2.04% to 1.94%. You and bonds of the euro zone countries have begun the day in the decline in yields, so that the ten-year German Bund and fell below 0.20%. Some were in favor of June this year and the second to begin in 2016, according to the published minutes of the meeting of the Fed. With regard to the fall in energy prices and a strong dollar, other members of the FOMC have argued that the economy of the United States will not be able to post before the end of this year, submit raising interest rates, according to the minutes. The Fed has kept its benchmark interest rate near zero level, where it is located by the end of 2008.