Never miss a story from Timothy Shea

Subscribe to receive daily updates on publications
Please enter valid First Name
Please fill out this field.
Please enter valid Last Name
Please fill out this field.
Please enter valid email
Please fill out this field.
Please select a country

I’d like to receive information from DailyFX and IG about trading opportunities and their products and services via email.

Please fill out this field.

Your Forecast Is Headed to Your Inbox

But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.

Your demo is preloaded with £10,000 virtual funds, which you can use to trade over 10,000 live global markets.

We'll email you login details shortly.

Learn More about Your Demo

You are subscribed to Timothy Shea

You can manage your subscriptions by following the link in the footer of each email you will receive

An error occurred submitting your form.
Please try again later.

Last week, we turned off the DailyFX PLUS Trading Signals. We do this every year some time in the second half of December. DailyFX PLUS users will not see any new signals until we turn the systems back on. We plan to turn them back on when FX markets return to more normal levels of trading and liquidity, which we expect to happen sometime after January 2nd, 2012.

Around the Christmas holidays, most trading desks around the world see their senior staff taking their holidays, with only a few junior people left to mind the shop. With staffing at such low levels, trading tends to be done in only small amounts, as trading desks don’t wish to extend much risk by taking large positions – especially since it might be difficult to get out of a large position during the holidays. Once New Year’s comes around, Tokyo shuts down too.

Our trading signals are issued by an automated system. The models we run were created using mountains of data covering years of price history in the FX markets. So they have been finely tuned using mostly information from more-or-less “normal” FX market conditions. As our analysts have been commenting in almost every recent article, holiday price action tends to be a bit different from the rest of the year, due to this low-liquidity environment. As a result, conditions are rather different from what our models were built around. So we turn them offevery year until market liquidity returns to more typical levels.

The DailyFX analysts and instructors are market addicts, so we will continue to follow the markets through the year-end holidays. You will be able to continue to read our daily analysis at We wish all our readers happy holidays and a joyous new year.