Happy New Year and many pips for 2011 to all fellow traders, pro or not. It is not Christmas anymore fellow traders! If you think that the bullish movements that are usually very synonymous with the holiday periods would get prolonged over in January then think it twice before you click the trigger. Just do not be click frenzy by following the herd, or at least not until you do your charting right and carefully.

For an odd or even obscure reason, the holiday periods have always been home of fast paced market spikes and drifting movements, mostly even bullish movements rather than bearish. Some traders have said that it is due to the low amount of market makers on the floor during holidays and any move taken by them would make significant noise in the markets causing big moves.

Some even say that it is pure speculation for the gain on a single trade by these few market makers, as if they are playing to wipe out anyone on the floor. My pure and realistic opinion? Just trading as usual, move with what you see and read in the charts and do not just enter trades with the adrenaline rush that is felt for trying to grab the quick buck or following a spike which might turn out to be a fast retraction.

There is no quick buck in forex trading, remember this very well, or even in trading at large not just for Forex. Forex trading is an art with analytical requirements and pure insight and not a crystal ball reading exercise. Make sure to learn how to read the charts very well for the year to come and before getting into any trade make some lateral thinking! Do not follow the mass just because someone is doing it, know why, get to know where and what if.

By the way, keep an eye on Oil, Gold and consumables as prices seem to soar with the floods, economic crisis and other global problems happening around us in these days. Have a Happy and profitable 2011 fellow traders.