Update Christmas and New Year Trading 2020/21

Last week we announced we would lower our risk but keep our strategies trading and make a decision this week if we keep trading over the holiday period due to number of news events coming out.

Today we decided to stop trading on the majority of our strategies over the holiday period as any news coming out regarding Covid, Brexit and US stimulus is causing large movements in currency pairs and some of the swaps are becoming large along with it.

There are still some trades open on a few strategies which we expect will be closed by Christmas.

Strategies should open again 2nd week of January 2021 to give time for traders to return and bring liquidity back to the market.

Any queries, please do not hesitate to reach out to us.

Please have a safe Christmas and New Year.

Brindabella Capital

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Disclaimer: While all reasonable care has been taken in the preparation of this information, Brindabella Capital take no responsibility for any actions taken based on information contained herein or for any errors or omissions. Interested parties should seek independent advice prior to acting on any information presented.

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Trading on forex markets carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading on forex markets may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.

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