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Months to trade or not to trade Forex?

  • Post #1
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  • First Post: Jan 13, 2006 12:44am Jan 13, 2006 12:44am
  •  mvitachi
  • | Joined May 2004 | Status: Member | 22 Posts
I did some trading from November 10th to December 11th and made 31% of my account w/ 52% of winning trades and then from December 13th to now I lost 8% of my account w/ 70% of lossing trades.

Yea, I know that the Forex market usually gets chopping during that month or holiday season because people go on vacation. I just felt like trading during that time to see if my strategy would work. I remember that someone here from another thread said that European bankers go on vacation from Dec15th to Jan15th.

I just want to know if you guys know what other months we should avoid trading the Forex market due to choppy conditions. (Obviously I know December and summer time I think.)
  • Post #2
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  • Jan 13, 2006 3:27am Jan 13, 2006 3:27am
  •  Croesus
  • | Joined May 2004 | Status: Money developer | 55 Posts
Months to avoid... it's a bit exaggerated!
There are DAYS to avoid... when the markets are closed! :

Jokes apart, IMHO there is EVER a system to gain profit.

 
 
  • Post #3
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  • Last Post: Jan 13, 2006 8:43am Jan 13, 2006 8:43am
  •  WTB
  • | Commercial Member | Joined Sep 2005 | 1,118 Posts
As a general rule of the thumb, avoid August and the second half of December. Most professional traders take their holidays those days.
 
 
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