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Video: Mapping Out Trading Conditions Through The End of the Year

Video: Mapping Out Trading Conditions Through The End of the Year

2015-12-10 01:45:00
John Kicklighter, Chief Strategist
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Talking Points:

• There are only 13 active trading days left in the year, but only seven of those will truly be capable of trend

• While the focus is on hefty volatility potential of the Fed decision, the event risk will work against conditions

• The Fed rate decision next Wednesday is the crux of a rapid build up and immediate drop off in anticipation

See how retail traders are positioning in the majors in your charts using the FXCM SSI snapshot.

The number of active trading days left in the year are severely limited. And, a peppering of key event risk with general tension amongst investors threatens to make it a dangerous period. Market conditions make the terrain ahead look like mountain climbing rather than a path of steady position picking. Of the 13 active trading days left in 2015, only seven of those sessions will offer genuine potential for a trend untouched by the liquidity drain of holidays. More distinctly, the next four trading days will operate on anticipation. The December 16th trading session (next Wednesday) will be the crescendo with the FOMC rate decision. What follows after that event depends on the fundamental avalanche the Fed triggers either through speculative repositioning of knock on effects for other major regions - like emerging market capital flows or a China response. These dramatic oscillations in activity level and potential need to be marked off by traders so that we don't accidentally fall off the edge of this cliff. This is the last Strategy Video of the year, and we use it to talk about the trading conditions through these final weeks.

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