Hello FF,
I've just started this thread simply to find out peoples thoughts on 'quarterly timeframe'.
What I mean by quarter timeframe, is the business quarters:
I've just started this thread simply to find out peoples thoughts on 'quarterly timeframe'.
What I mean by quarter timeframe, is the business quarters:
- First quarter, Q1: 1 January – 31 March (90 days or 91 days in leap years)
- Second quarter, Q2: 1 April – 30 June (91 days)
- Third quarter, Q3: 1 July – 30 September (92 days)
- Fourth quarter, Q4: 1 October – 31 December (92 days)
In my opinion, I would place it as the most important timeframe surpassing the weekly (second most important). Many of the reasons are included in this article:
- https://www.dukascopy.com/fxcomm/fx-...09&language=en
(I don't feel the need to reiterate what they've already written)
There doesn't seem to be much information on this topic that stands out apart from the above article and mentions in various publications, so I'm looking forward to hearing if anyone else has any thoughts on this topic.
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Attached is a chart of dollar-yen with roughly drawn quarterly (vertical) lines. I've just added it here for anyone who sees this as an interesting thought they may like to take further.
Caution:
- This is a cherry-picked example due to dollar-yens correlation characteristics with the S&P500,
- I have added these popular momentum indicators to help further communicate my idea of the 'power' of quarterly timeframes