New Years week starts out with stop runs.....

At the open of trading on Sunday night 12/27/15 some Forex pairs start to move in quick 20-50 pip stop runs.  This may be a  decent week for experienced traders.  Overall volatility should be reduced due to low holiday week volume.  Crude oil prices and the US dollar index will continue to have a major impact on currency prices. 

USD CAD dropped 55 pips.  We expected weakness as the pair sets up to move up again.  We expect the pair to move back up a few hundred pips and then a major correction in the USD CAD uptrend as the pair goes into freefall.  

We expect GBP USD to move down further, reverse,  and eventually make a 500+ move to the upside when the Market Makers accumulation is complete.