Traders,
This week presented many obstacles to clear cut trading. The most obvious being the Christmas holidays when major hedge funds and bank traders are taking time off. This leads to low liquidity levels in the market or thinning as we like to call it. Because of this, you can get whipsaws and price action that is very erratic. We took one trade this week on the eur/jpy for 56 pips profit bringing our total for the month up to 372. We have not had 1 losing trade this month and we did not want to expose our clients to any unnecessary risks. We are taking the remainder of the week to spend time with our families...we suggest you do the same! Merry Christmas.
To the Summit,
4xSummit