Nothing can ruin a holiday faster than a bad trade

One piece of advice that bears repeating often is this one: When you're taking a break, close the books.

ForexLive will be a bit quieter over the next few weeks as we focus on developing the website and some other technical jobs that we've put off for far too long (like our new technical analysis page). It's also a dangerous, whippy time for markets.

So I'm going to take my own advice and close out some oil shorts that I've held for a long time and a couple other things. They've made for a very merry Christmas here in Montreal and I want to go into the New Year with a mostly fresh slate.