Are Forex pairs going to surge higher towards the end of the year?

As the summer season ends, market volume tends to increase on the various traded pairs, sending them into a massive trend. This type of scenario normally occurs towards the end of the year, presenting phenomenal conditions for Forex traders, allowing them to benefit dramatically from the so called “End of Year Rally”.

For example, apart from 2008, the EUR/USD presented enormous returns throughout the years of 2004-2007.

Prepare for 2009

1. Choose the pair you wish to trade.
2. Determine your entry and exit points.
3. Make sure you have sufficient funds in your account.
4. Wait for the move to begin.
5. Profit from the trade.

For example; search for the break out points, an area that is characterized by large positive candlesticks and then simply enjoy the ride.