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Easter Forex Trading Tips
This type of scenario normally occurs around the Easter holiday, presenting phenomenal conditions for Forex traders, allowing them to benefit dramatically from the minor trends.
Over the last 3 years the EUR/USD was characterized by the following:
2008 Easter Holiday - presented a 150 pips range.
2007 Easter Holiday - presented a 130 pips range.
2005 Easter Holiday - presented a 90 pips range.
The Strategy Of easter holiday trading:
1) Find the range, an area enclosed between two lines ( support and resistance)
2) Buy at Support, Sell at Resistance