FX Trading Going Into 2018 – What’s Going To Change?
I wanted to do this quick post talking about what’s going to change in 2018 with trading.
Table of Contents
Not Much Is Going To Change
Every year we seem to have a weak December as fx traders. In an email the other day I spoke about why this is the case and it essentially boils down to everything slowing up as we approach xmas and the new year.
Looking ahead into the active Q1 of 2018 time we can see some posts talking about what forex will be like in 2018. Honestly the same sh*t happens every year with things being blown out of proportion and fake media hyping or news. This inevitably doesn’t happen and everyone goes on doing what they were in Q4 of the year before into the new year. As always we update our forex trading pdf guide and again as always not all the much changes.
Saying this there is something big coming to the investing and essentially currency industries that we must take note of. This is of course…..
How Everything Will React To Cryptocurrency
Cryptocurrency if you’ve been living under a rock for the past 6 months and don’t know what Cryptocurrency is then I’ll give you a very brief breakdown.
The reason why this is so important as it is part of a blockchain technology, meaning it can’t be hacked or centralised. There also aren’t anymore bitcoins actually being produced, meaning essentially that unless the government passes some sort of legislation the price is just going to keep going up and up.
According the NASDAQ this blockchain tech isn’t going anywhere, and why would it? It’s freckin awesome!
The truth is though, it’s not changing the world… Yet.
Currently it does not have the potential to change how forex trading actually works, but in the future it may do, so moving into 2018 we need to keep an eye on it.
But it has the potential to and when any currency as decentralised as this starts becoming more and more popular then we have to at least be aware of it.
Next month I will be writing a massive post that goes into huge depth about whether cryptocurrencies will affect forex trading as we know it.
Keep an eye out for that one as it’s going to be a goody!