23/8/ · August is summer, and summer is known for lower volumes in the financial markets, so what makes August such a special month for traders and especially stocks? Stay on High 28/8/ · Low volume in August means the Market tends to move less Trading is a 0 sum game minus transactions costs So transaction costs are in effect higher in August because 31/8/ · August Is the Worst Summer Month Most investors and Forex traders in Europe and the North America go on holidays during the month of August. This leads to lower trading Trading in August Hi guys, I always avoid trading forex in August because I know that is vacation time and most of the volumes are away from the market, so in the past years I 15/4/ · I`d like to hear opinions from experienced traders about trading in August. Should or shouldn`t? Some say because a lot of financial experts are on holiday the market becomes ... read more
Save my name, email, and website in this browser for the next time I comment. Home About Contact Forex Calendar Write For Us Directory LIVE QUOTES LIVE NEWS.
Could Investing In Crypto Be The Ultimate Hedge For Forex Traders? Intraday Market Analysis — USD Rally Accelerates. Intraday Market Analysis — USD Bounces Back. SPX Primary Impulse Reaches Intraday Market Analysis — CHF Gains Momentum. Intraday Market Analysis — WTI Hits Resistance.
Australia Employment Data, And Election Outlook. Intraday Market Analysis — Gold Attempts To Rebound. Trading in August: What to Watch Out For Posted On 23 Aug By : easyMarkets. Comment: 0. Black Monday The events of two years ago are a perfect illustration why August is a month to be feared. Won't your trader friends like this? About the Author With over a decade of trading expertise and , fulfilled clients in countries worldwide, easyMarkets will tick all your boxes whether you are a new or experienced trader, affiliate or introducing broker.
Welcome to easyMarkets. Previous Story. Next Story. Leave a Reply Cancel reply. InstaForex — Market Analysis. Forex Portal. Other Europeans also go for holidays ranging from two to five weeks. This naturally affects forex trading. The volume of trade is lower. But does the volatility change as well? On the other hand, the low volume means that a small number of traders, perhaps institutional traders, can cause extreme moves on some currency pairs.
These moves can trigger orders that were set at major technical lines, and this can cause some serious unexpected mess — unexpected breaks of technical barriers. In normal market conditions, these breaks would lead to long term moves. For those of you that are confused with these moves, the best advise is to wait another week. When August comes to an end, so will the low volume trading.
Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me.
Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. in Computer Science from Ben Gurion University.
Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile.
This affects the forex market's volume, which is lower, but it doesn't necessarily impact the volatility. There's one more summer week left. Let's see some examples, and see what we can do. It's summertime in the northern hemisphere. Also in North America, many people are on holiday, though the impact isn't…. Home » Forex Trading At Summer Time. Yohay Elam Updated: 22 August
Login Register. Login Username: Password: Lost Password? Remember me. New Reply. Thread Rating: 21 Vote s - 3. jackpesto Bullish. Posts: 97 Threads: 14 Joined: Jan Reputation: 4. Some say because a lot of financial experts are on holiday the market becomes unpredictable. What does everybody think?
I know August is still not here, but it is fast approaching and I think about it quite a lot. PM Find Rate. Reply Quote. charlie Master Flex. Posts: Threads: 14 Joined: Feb Reputation: I would think it would be good for retracement strategies as there shouldn't be any long sustained moves.
Brad Moderator. Posts: Threads: 16 Joined: Jan Reputation: Never traded flex in August, but will be looking into it. I know in consolidated volatile conditions flex does really well. ryang Short Sneeze. Posts: 32 Threads: 0 Joined: Jan Reputation: 3. There is no month of the year in particular that will blow an account over the other.
The bottom line is if you don't get a retracement, you get large baskets and large drawdowns. Try to use low risk. Believe it or not, I found Shotgun to be a very safe strategy with most pairs because it only needs a 20 pip retrace.
This is my favorite strategy so far. skynine Flash Crasher. Posts: Threads: 35 Joined: Jan Reputation: As far as risk? I think maybe the latter would be a better choice for the summer months, especially August, because halfgrid is more for the bigger moves. Would be interesting to know what Steve thinks. webdude Moderator.
Posts: Threads: 12 Joined: Jan Reputation: Be careful of the last week of December and the first 2 weeks of January as volume and liquidity are low because all the big bank and hedge fund traders are on holiday so there are some crazy spikes when a big player while sitting on the beach with a cocktail laughing at us Retail traders makes a move especially during the Asian session.
I got caught by this on both EUR and GBP this last January. I am keen to see how Flex trades through it all although I will change risk to 0. Flex is stable after my Jan adjustments and it copy trades from this demo acc into a live acc. Yes, some of my pairs are on 0. You have selected one or more posts to quote. Quote these posts now or deselect them. View a Printable Version Send this Thread to a Friend.
Default Responsive. Current time: , PM Powered By MyBB , © MyBB Group. Lost Password? Poll: Should one trade in August? Trading in August. PM Find Rate Reply Quote charlie Master Flex Posts: Threads: 14 Joined: Feb Reputation: 21 2 , PM I would think it would be good for retracement strategies as there shouldn't be any long sustained moves. PM Find Rate Reply Quote Brad Moderator Posts: Threads: 16 Joined: Jan Reputation: 25 3 , PM Never traded flex in August, but will be looking into it. PM Find Rate Reply Quote ryang Short Sneeze Posts: 32 Threads: 0 Joined: Jan Reputation: 3 4 , PM There is no month of the year in particular that will blow an account over the other.
PM Find Rate Reply Quote ryang Short Sneeze Posts: 32 Threads: 0 Joined: Jan Reputation: 3 6 , PM , AM skynine Wrote: are you using 0.
PM Find Rate Reply Quote webdude Moderator Posts: Threads: 12 Joined: Jan Reputation: 51 8 , AM Be careful of the last week of December and the first 2 weeks of January as volume and liquidity are low because all the big bank and hedge fund traders are on holiday so there are some crazy spikes when a big player while sitting on the beach with a cocktail laughing at us Retail traders makes a move especially during the Asian session.
PM Find Rate Reply Quote webdude Moderator Posts: Threads: 12 Joined: Jan Reputation: 51 10 , AM , AM jackpesto Wrote: Can you change risk to lower than 0. Quick Reply.
Message Type your reply to this message here. Signature Disable Smilies. Image Verification Please enter the text contained within the image into the text box below it. This process is used to prevent automated spam bots. case insensitive. Existing Copy Trading Signal - Flex EA. Flex EA mt5 v. how to stop a chart from trading. HAVING TROUBLE WITH TRADING - WATCH THIS.
28/8/ · Low volume in August means the Market tends to move less Trading is a 0 sum game minus transactions costs So transaction costs are in effect higher in August because 15/4/ · I`d like to hear opinions from experienced traders about trading in August. Should or shouldn`t? Some say because a lot of financial experts are on holiday the market becomes Trading in August Hi guys, I always avoid trading forex in August because I know that is vacation time and most of the volumes are away from the market, so in the past years I 23/8/ · August is summer, and summer is known for lower volumes in the financial markets, so what makes August such a special month for traders and especially stocks? Stay on High 9/6/ · and CFDs broker, published key trading metrics for August, showing a correction in monthly trading volume from the peak the platform had achieved in July. According to the 31/8/ · August Is the Worst Summer Month Most investors and Forex traders in Europe and the North America go on holidays during the month of August. This leads to lower trading ... read more
August Is the Worst Summer Month Most investors and Forex traders in Europe and the North America go on holidays during the month of August. Once can gain some practice using demonstration accounts, i. Lim 4 August Swinging slowly in the summer breeze, the British Pound was rather easy to trade. Bears just got faked out.
Yes, some of my pairs are on 0. Copper is the simplest investment thesis anywhere Russell technical analysis In 30 seconds. Sterling set for a reality check Yohay Elam 13 years. Intraday Market Analysis — WTI Hits Resistance. I think maybe the latter would be a better choice for the summer forex trading in august, especially August, because halfgrid is more for the bigger moves.