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Trading during summer months?

  • #1
  • First Post: Jun 21, 2007 7:09pm Jun 21, 2007 7:09pm
Hi,

At the risk of sound very vague, I just wanted to know all your opinions on trading forex during the summer months?

Thanks
  • #2
  • Jun 21, 2007 11:09pm Jun 21, 2007 11:09pm
No different than Trading Winter Months.
Summer AND Winter both have their "Long Weekends" and Holidays scheduled in. Will it affect the Market? You bet your Bippy on it.

Not saying ignore it. Just saying be aware of it.
  • #3
  • Jun 21, 2007 11:24pm Jun 21, 2007 11:24pm
Quoting Bemac
You bet your Bippy on it.
Egad !! Bemac.. you might be older than me !!
  • #4
  • Jun 22, 2007 4:59am Jun 22, 2007 4:59am
Quoting Bemac
No different than Trading Winter Months.
Summer AND Winter both have their "Long Weekends" and Holidays scheduled in. Will it affect the Market? You bet your Bippy on it.

Not saying ignore it. Just saying be aware of it.
I thought so too after looking at the charts for the majors for the summer months. Thanks Bemac.
  • #5
  • Jun 22, 2007 5:45am Jun 22, 2007 5:45am
Bemac, please give us a little more. You don't think the characteristic of the market is different in summer? Seems like any trader I've talked to feels it is generally slower, tends to range more. Where would a person find ADR data, month by month?
  • #6
  • Jun 22, 2007 5:47am Jun 22, 2007 5:47am
Quoting x2012
Hi,

At the risk of sound very vague, I just wanted to know all your opinions on trading forex during the summer months?

Thanks
Good question I asked myself recently. I came up with the answer that it is summer here but winter somewhere else. QED
GOD IS NOT SHORT OF CASH
  • #7
  • Jun 22, 2007 8:33am Jun 22, 2007 8:33am
Overall range bounce market conditions. Strong trends are more difficult to find. Thinner volume. Weaker levels of support/resistance. Stay sidelined in august.
  • #8
  • Jun 22, 2007 10:56am Jun 22, 2007 10:56am
Quoting WTB
Overall range bounce market conditions. Strong trends are more difficult to find. Thinner volume. Weaker levels of support/resistance. Stay sidelined in august.
Hey buddy,

What do you mean to stay sideline in August?
I'm still new in the forex am learning. If you don't mind can you help me to understand what is sideline means?

Appreciate you buddy
  • #9
  • Jun 22, 2007 11:57am Jun 22, 2007 11:57am
It means that I personally dont trade at all in August.
  • #10
  • Last Post: Jun 22, 2007 11:59am Jun 22, 2007 11:59am
I still trade, but because alot of traders are on holiday there tends to be less volume..

this is true in all markets, but this seasonal tendency mostly impacts the stock market, and impacts futures and forex the least
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