Should trading be avoided at summer?

Hello

You're not supposed to trade at holidays, so i assume the same goes for the summer. What are the guidelines here? From which date to which date? I'm trading the cable.

I personally don't trade through August, Christmas or any public holiday date.

I don't see why that should be.

Winter is summer in the southern hemisphere and vice versa. Christmas day in America is Boxing day in other parts of the world. Not every country celebrate America's independence day, etc...

The market will certainly be different on some days, but in the end, it just fluctuates like it always does. Why limit yourself and not take advantage of that?

The US and UK tend to have the biggest players tho, just compare Asian activity to what happens when the US session opens... laff. So I can see why major holidays like Christmas (Thanksgiving, Easter, basically any US holiday) would be a big deal.

But as for summer, I don't know. Browsing my charts I don't see why that'd matter. In fact I've noticed there was a lot of trend activity over the summer. Take a look at the USDCHF, EURUSD, etc. A lot of very nice tradeable activity it seems, and I don't see why the major players would take off the entire summer all at once... I mean real life doesn't tend to take a summer break like high school did.

As for personal vacations... take em when the taking is good. I'm a fan of southern tropical places personally so the dead of my winter is better than the summer.

August is definitely the time to have your holiday/vacation.

I know when backtesting ideas and systems most of them whipsaw the most during End of July and through most of August.

I even think trendlines etc are all f'd up around that time.
...and Stop Hunts. There certainly seems to be a lot more of that happening during August. Reduced liquidity does it every time.

My plan this time around is to trade short consolidation type trades anyway.

Yeah, July/August were so quiet last year, the FX markets barely moved a pip.

Not so much would I look at it as times to be avoided, but as perhaps times that you should use to recharge your batteries. Take a break. "Breath"

During holidays - do u really have to trade? Maybe a little time spent w/ your family, immediate or extended, will actually do you good - maybe clear your head a little.

A month off from trading in the summer - to read - evaluate methodologies; maybe go for a week into the mountains or beach - is not gonna kill you. I submit that if you cannot walk away from trading to have a little R and R then you are not far from a major fall.

I think we that are not full time traders need this break as much as the full timers do and perhaps even a bit more. I have my daily job to do, and its not some slack brainless job, so I got to pay attention to it. I get home and I use every spare minute to study trading and sharpen my skills. Up to late and up to early; always working at my job or at my trading. We are burning the candle at both ends.
Take the break - You need it.

I have traded the cable in the summer and did fine. Sorry Good luck in your search.

Many brokers close trading for Christmas Eve/Day and New Years Eve/Day.

Holidays and summer are certainly different but cant be classified as the same. There are only two holidays that I know of where the market is really not open and those are Christmas and New Years. Certain holidays there will certainly be less volume and action like Thanksgiving, Easter, 4th of July but the market is still open. When looking at holidays all you want to know is does the pair you are trading have a holiday that will affect your rollover if you leave it open past 5pm. For example, if their is a banking holiday in the UK and you are trading a pair that is attached to GBP then you will receive two times interest or you will be charged to times interest.

In the summer I would say July and August are usually the weakest months of the year. I personally dont trade much at all during the summer. In fact I usually shut it down around May and dont pick up again until Sept. However, I still look at rates and fundamentals to see if there is a reason to trade. With that being said if you want to trade during the summer there is no reason why you shouldn't; it might be harder to find good trades though.