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"That’s Just Gambling!" Handling Trader Stereotypes
It is no secret that those outside of trading, don't give much support to those inside. Let's explore why and what to do about it.
Good morning, traders! This week, the forex market is buzzing with action. Are you ready to take it on? We've got everything you need, from live pricing to key events, to set up your trades for success. Let’s dive in!
Also, we have some spicey discounts on trading tools at the bottom of the email 😉
Key Events
Mark Your Calendars! 📅
Here are the main headlines for day traders to be weary of when trading this week.
News | Currency | When | Impact |
---|---|---|---|
GDP Growth | CAD | Monday | |
CB Consumer Confidence | USD | Monday | |
Holiday | EUR, AUD, NZD | Tuesday | |
Holiday | EUR, AUD, NZD, USD, CAD, GBP, CHF | Wednesday | |
Holiday | CAD, CHF, EUR, GBP | Thursday | |
Unemployment Claims | USD | Thursday | |
CPI | JPY | Thursday |
View the full economic calendar on Trading Economics.
Happy Holidays From The TradeDelicious Team!
![Happy Birthday Christmas GIF by Hallmark Gold Crown](https://media0.giphy.com/media/26u4k1n5j3O2DOzwk/giphy.gif?cid=2450ec30ezyt6kmli8n48dfxk9mnozp4s2fws1605dc8aawg&ep=v1_gifs_search&rid=giphy.gif&ct=g)
As the holiday season kicks into full swing, the FX market isn’t entirely taking a break, so neither are we!
While trading volumes typically thin out this time of year, there are still key drivers to watch. The USD remains in focus with year-end flows dominating the action, while commodity-linked currencies like AUD and CAD could see volatility as markets react to shifts in risk sentiment.
For those keeping an eye on the AUD/USD seasonal play, it’s worth noting the historical strength during this period, could we see a festive rally? 🎅
The TradeDelicious team wishes you a joyful holiday season filled with cheer, rest, and maybe even a few winning trades to wrap up the year. Whether you’re taking a break or watching the charts, we’re here to keep the markets lighthearted and insightful.
Happy holidays and profitable pips!
Seasonal Pattern Spotlight
Pattern Of The Week: AUDUSD
The data is in, and it’s showing a potential sweet spot for AUD/USD traders. Over the past 24 years, the pair has exhibited a strong seasonal pattern between December 22 and January 12, delivering an annualized return of +32.5% and a 75% win rate.
This pattern aligns with year-end dynamics, including holiday-driven liquidity flows and positioning adjustments. Historically, AUD/USD often benefits from lighter trading volumes and the global risk-on sentiment during the early January recovery period.
The numbers back it up:
Average return: +1.63%
Median return: +1.88%
Gains: 18 out of 24 years (with a maximum profit of +2.54%).
For macro traders, this is an opportunity to align with a historical trend, but as always, combine this insight with real-time market conditions. Is this the year AUD/USD repeats history? Watch the charts and ride the wave! 🌊
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It's not every day you come across a pattern that lives up to the hype influencers rave about, but Jon might have just nailed it.
We often talk about seasonal analysis and how it fits into our macro trading strategies, but we know it can sometimes feel a bit abstract or hard to grasp. This one, though? It’s as clear as day, something everyone can understand.
What’s a Seasonal Play?
A seasonal play is a trading strategy based on recurring patterns in market behavior during specific times of the year. These patterns often reflect economic cycles, weather trends, or even human behavior. For example, certain commodities might rise during harvest seasons, or specific currency pairs might trend due to fiscal year-end flows.
Understanding these tendencies can give traders a significant edge, helping them spot opportunities that align with predictable market movements.
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Market History Flashback
December 23, 1913 – The Federal Reserve Is Born
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/5a530b63-3485-415e-b7e7-f68f0e882fe8/image.png?t=1734583589)
On this day in 1913, the Federal Reserve Act was signed into law by President Woodrow Wilson, officially creating the Federal Reserve System. It was a landmark moment designed to stabilize the U.S. financial system after decades of banking panics and economic uncertainty.
The Fed’s primary goal back then? To create a more flexible and secure monetary system. Fast forward to today, and it’s the same institution that traders watch like a hawk for decisions on interest rates, inflation control, and economic growth.
Fun fact: The Fed wasn’t initially trusted by the public, with critics calling it a "banker’s bank." Over a century later, it still sparks debates, especially in trading circles!
So, as you enjoy the holiday season, give a nod to the Fed for keeping things mostly in check… and for giving us plenty of volatility to trade. 🎄
Trading Psychology Nugget
Handling Criticism as a Trader
Being a trader often means facing criticism from those who don’t understand the craft. “That’s just gambling,” or “Why not stick to something stable?” are phrases most traders have heard at least once. But here’s the truth: the skills, discipline, and mental toughness required to trade are often overlooked by those outside the trading world.
Criticism can sting, but it doesn’t have to derail you. Instead, use it as fuel to sharpen your focus and prove the doubters wrong. Remember, you’re not trading to seek approval, you’re doing it to achieve your goals and build a life on your terms.
In trading, as in life, the loudest critics often come from the sidelines. Stay in the game, stay disciplined, and let your results speak louder than their doubts. After all, it’s not about convincing them, it’s about staying true to your journey.