The Four Forex Seasons-Tony Camilleri

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freemexy

Age: 2020
Total Posts: 0
Points: 10

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Did you know that there is 4 seasons to the forex market. New traders are often caught out attempting to trade the same strategy throughout
the year, often giving back their hard work during the winter and summer
doldrums seasons.To get more news about WikiFX, you can visit WikiFX news official website.
I would like to guide any traders to be prepared during the 4 seasons.The daily turnover reached $6.6trillionin April 2019. That is a
massive amount of turnover in anybodys language.

However, did you know that the retail market is only 5.5%of that total turnover.
As retail traders, we are at the mercy of the other 95% of the marketplace, hence our behaviour needs to reflect the institutions.

A Spring in your step for January.
As the Christmas and New year periods end. The traders return to their desks and the volume increases during mid January. A good time to
trade.

Sell in May and go away – avoid the sun burn.
The summer holidays have arrived in the northern hemisphere, where the majority of traders are situated. Volume decreases and the market
can be quite flat. Moves can be quite unpredictable as the moves are
more impulsive based. This is a more difficult time of year to trade.

Its Labor Day..time to get busy
Around the time of Labor day in September, market activity increases as everyone is back at work from their summer holidays. This
is a great time to trade. This period continues on till mid December.

Christmas Time – time to relax
Another very quiet period is the upcoming Christmas and New Year holiday time. Between mid December and mid January, volume again
decreases, making it more difficult for traders. Beware of some quick
impulses caused by a few high volume traders.

Conclusion
As traders, we need to plan our trading year so suit the 4 seasons. When the volume is high, attack the market, when the volume is
low, approach the market is caution.

Tony Camilleri is an Australian based forex trader. He has been an active trader in both the retail and institutional sector. As founder
of 4xfusion, Tony has developed automated algorithm based trading
systems, he is an active educator and fund manager for the past 15
years. Tony is also a crusader against the forex scammer and is often
asked about his opinion regarding trading systems and their
sustainability. Tony has an in depth knowledge of the inner workings of
the forex industry and brokers. Tony is a regular contributor to
Linkedin with his thought provoking articles and is quickly becoming a
key person of influence on that platform, which his often trending
articles.

Posted 27 May 2020

rimj says
It is important to note that the profit is usually determined by the second currency within the pair. As an alternative, you may anticipate a fall in the price. In such a case, selling is a great idea. If indeed the price falls, then you can buy back the same currency at a lower price and wait for it to rise again before you can make another sale. The difference between the transactions stands as the profit. Even in this case, the profit determinant is your second currency of the pair.
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