Market rates change depending on the season, so a trader can predict price fluctuations taking into account the month and season.
The concept of seasonal trading implies the development of market trends, which are formed annually and appear approximately at the same time. After defining these regularities, trader will make an accurate prediction and place correct trend orders.
Price changes depending on the season are particularly noticeable in the real sector. Demand for certain groups of goods may increase and decrease, as well as supply volumes. This is due to the periods of harvest, harvesting and sowing.
During seasonal exchange trading, the calendar cycle is very easy to determine. It is enough for a trader to average prices for the last few years and derive an overall figure. In the trading terminal there are special indicators to solve the problem of finding the seasonal component. Paying attention to such devices, the trader will quickly determine the potential direction of quotes and earn on the price difference.
By applying this instruction, trader can use seasonal analytics in practice. Seasons accounting can be supplemented with any instruments and methods that don't contradict the basic rules of managements. Trader will improve the accuracy of his entries if in addition to technical factors, he takes into account the current month and season.
I don't know how useful this general information will be for you. It just seems to me that I don't have much experience to give any more specific advice to other traders.
Market rates change depending on the season, so a trader can predict price fluctuations taking into account the month and season. The concept of seasonal trading implies the development of market trends, which are formed annually and appear approximately at the same time. After defining these regularities, trader will make an accurate prediction and place correct trend orders. Price changes depending on the season are particularly noticeable in the real sector. Demand for certain groups of goods may increase and decrease, as well as supply volumes....
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THANKS. I moved this to here:https://www.forexfactory.com/thread/post/13145566#post13145566
it does not cost me anything to share my knowledges
