โ#ForexChief #ChristmasRally #ะxchangeRalley #StopLoss #Investor #StockIndicesโ
๐ Christmas Rally: How and What to Tradeโ
๐ Starting next week the market is preparing for the final Christmas rally in the US and European markets.
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Let's remind: the exchange Ralley is a stable period of speculative growth, accompanied by an increase in trading volumes and demand for fixed assets. This is a common trading hype, most often with an unreasonably high risk. Fundamental factors of global and/or regional significance are considered prerequisites for the rally. As a rule, this is result of previously accumulated exchange interest.
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It is customary to explain this market sentiment by the psychological state of investors and ordinary consumers. On the pre-holiday days, people are ready for big expenses, and manufacturers - for significant discounts. Traditionally, in the Christmas rally, it is customary to distinguish two stages:
โข from of November to 20 December โ the pre-holiday period;
โข from December, 26 to January, 10 โ rally ยซSanta Clausยป.
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Rally opens with the growth of US stock indices, with Dow Jones rising most actively. European stock indices react in 3-4 days. A small investor is advised to buy shares in consumer sector companies such as McDonald's, Starbucks, Walt Disney, Apple. In parallel with the shares, but with less volatility, the growth of American, and then European currency is taking place.
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Please note: technical analysis is not cancelled during the Christmas rally, moreover, it becomes more stringent. Each of your entries into the market must be confirmed by several methods, and the trade margin at StopLoss should be much higher than for positions on the standard market.
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Profits to yโall!