High volatility impact on the Forex trading contest

Right now, take a good look at November’s ranking so far.

Bam!! Surprise. For once, France has no players in the top 3. Raclette (a Swiss cheese, for all you non-cheese enthusiasts) kicked out camembert. Therefore Switzerland sits on the throne, well done wisiwi, but United Arab Emirates are not far at all with just 0.17% difference. This is going to be an interesting last race with yad-48.

A number of recent economical news will definitely spice up opportunities on the Forex market.

The US just revised their Q3 GDP from 2.5% to 2%, the IMF is proposing a new liquidity line to help eurozone countries, and, last but not least,  the world’s second largest economy, aka China, reported the lowest manufacturing figures since March 2009.

Yes, that sucks. But not for the Forex market. Where one sees a problem, another, like you traders, sees an opportunity. It only depends on which side of the market you’re standing, long or short. Some are even trading both. How about you? Will you suffer volatility or enjoy it? For many of you guys, I feel Santa Claus will come earlier this year, so make for room in your stockings.

We can foresee the incoming struggle between the top ranked traders of the month in this last week of November. Take another look at the current ranking, because it will probably soon all be torn apart. After all, this is why we love the Forex trading contest, don’t we?

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