Trading Forex in December is easy with this strategy.

Today’s article will discuss a ubiquitous question I’ve often been asked during the broadcast. I want to cover this topic because it’s essential. There are a lot of opinions about this online that will talk about trading in December if you trade if you don’t trade. Are you going to lose money, or are you going to make money? This is the popular opinion.

Is trading good in December?

If we look at it in the world of YouTube, we can see that the prevailing opinion is to not trade in December; it is a bad idea that you will see a lot of inconsistency and you will lose trades when, in reality, I don’t want to talk about that. I want to talk about it based on experience, what I noticed in December, and how I dealt with December, and this is precisely what I will talk about below.

So we’re going to talk about the picky stuff, and exactly how you’re going to trade in December to make sure you maximize your gains through the End of the year and not screw yourself over, so we advise you to end.

How do I handle trading in December?

The first point I want to discuss about trading in December is why it is said that you know why December is a lousy month to trade. Well, the idea behind it is that as we get closer to the End of the year, portfolio managers and hedge fund managers are trying to wind down their commissions; most of these managers depend on commissions and receive commissions based on profits and want to end them.

So we see two things: Either we see a re balancing of portfolios so that they start consolidating their portfolio. Then, they start consolidating their positions next year to start the new year. We see spikes of volatility in the market from closing positions from re balancing from the hedge fund managers trying to finish their dividends or commissions at the End of the year correctly.

That’s why December can be a little inconsistent, but that doesn’t mean it’s not movements, and this is where price action trading trumps everything because you’re only trading what’s in front of you, if there’s volume, if there’s movement, it’s going to be There is a way to make a trade. If you cannot enter that move, you will not miss anything because it does not follow your plan.

Forex trading hours winter

You know, in the long run, this plan keeps you safe, so either way, you don’t miss anything. You don’t end up trying to catch those moves and get stuck, so the second thing is that once we see all of that, we start to see traders left in the market; we start to see positions begin to close, and then we start to get asymmetry in volume. We may get asymmetry in movement because of the lack of traders and people in the market, so that’s a prevalent thing to see, and that’s something that we might notice in December.

That’s why people say there’s more discrepancy, which doesn’t mean you can’t trade it. It’s still tradeable, your setups will still work, and you must identify when it is an excellent opportunity and when it is a wrong opportunity. It’s straightforward to Determine this because good opportunities will follow your rules, and inadequate opportunities will not. If you see the price in a range, don’t think, let me try to scalp this range; don’t just leave it.

You don’t need to force anything in December. If you’re not sure the best option is to leave, you’re not sure, and you say I don’t know, that could put me in the wrong position for the month. Just leave it. Put yourself in a different position if You had a choice as to why you did it, whereas if you have a plan that sounds good, that’s good.

We’ve seen good movement at this time every day. Choose that December will be what it is in terms of that, so stay caught up on that and make sure you follow the plan.

Forex trading in December is volatile.

Now, the most important takeaways regarding the dynamic shift in the market are two key points that you guys should listen to that is very important here don’t get used to the way the price is moving in December and start trading so you might be profitable in December and trade and get used to it. Still, when it comes to February, March, and April, and you begin to see the price move, maybe it’s heavier, or you’re seeing how the price usually moves.

Ensure you understand that, and you can switch to the new dynamics and avoid getting used to trading in December. A big thing that traders need to get used to is the ability to switch to different market dynamics.

Each month moves a little differently, sometimes in the summer months. 12 or 14 pips per session is all you can get. In other months, you will need to use more prominent stop points. Thirty pips stop, maybe 20 pips, but your target 100 pips are correct, so understanding that and not saying my stop loss is 25 pips here, I’m not going to trade because I’m used to seeing 14 pips move, no. If you have a target and room to achieve it, Move 60 pips to your next target. It still makes sense the numbers have just changed as the volume is more significant, so make sure you don’t get used to it. This is the best time, from the end of December through January, which is a great time to implement back testing properly.