Get started

Summer

August worst month for Trading? And why? *We just used DXY as the example. This is true across the board! The Big Drought A 10-year analysis on the S&P shows that the markets remain the poorest in the three summer months – June, July and August. Most traders tend to sell their positions in May, and try to reinvest in a fresh positions once the summer is over. 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 volume and significant price actions. Just for example: August 2008 was misleadingly good for the S&P, advancing 1%. However, August 2010 was completely miserable for the S&P, dipping 4.5%, and August 2011 was also miserable for the S&P 500, plunging almost 10%. The month is characterized by sideways trends and momentum swings. However, the trend typically breaks right after the Labor Day holiday in the U.S., and most traders returns to active trading once again. Post-Summer Months (September-December) A surge in trading activity usually occurs just after the end of summer, and traders invest in fresh portfolios and positions. These three months therefore represent the best three months to trade in the year. Another Vacation Spot during the Second Half of December Forex traders once again stay away from the market in the second half of the December, and celebrate the Christmas Day and the New Year’s Day. Winter-Spring Action Still Better The January-May period returned a mediocre 3% on average for the last 10 years, and therefore still does better than the summer months, providing excellent opportunities for traders, continuously for the first four months of the year. Thee THREE worst months (Summer): June, July, and particularly, August. The FOUR best months (Autumn): September, October, November, and December. The FIVE good Months (Winter-Spring): January, February, March, April, and May What Is The Reason For This Divide? Any vacation period represents drying up trading volume, and the months following these vacations represent a refreshing return to trading, like rain after a drought.
TVC:DXYEducation
by PipPhenes
ADA is .08$ ETH is 225$ Hoskinson, ETH co-founder, created ADA.ADA has the makings of a Bull run this summer/fall. This pullback is creating a solid foundation for a spring forward. I see a lot of what I've Liked in other coins in ADA. But most coins lose their stamina around this time. They get a good pump and then they become part of the system with an ATH & ATL. Their still solid money makers but I like a little volatility in my life sometimes. What I don't see in those coins anymore is a solid CEO behind them. You invest in a coin and read about its creator and find out its someone who doesn't really care about it. Where the coins go and how it'll better the world should be major guidelines for a coin's roadmap. But some creators or CEOs just use it for personal fame/gain. Coins, I think, are becoming more like Stocks in that people are treating them as if they'll be around longer. People are investing in coins and are interesting in seeing where and how crypto ends up. That all being said. Charles Hoskinson seems like he wants Cardano to succeed and to pave a new way for crypto. He worked to create ETH and left to create Cardano. He has plenty of updates on the coin and tries to be very transparent in his objectives. Unlike, some CEO/ creators he also claims his coin in pride. It's not something he has created and let loss on the world. And it is not something he relies on other developers to develop. Follow his twitter you'll see what I mean. EMotion aside. I could see ADA arching down for the winter toward .05$ but big whales know ADA will be worth more soon and won't let it go down without a fight. COINBASE said it might add ADA sometime. This could be the Huge drop to .05$. As a Coinbase listing may have that effect. But over time the listing will prove to be a benefit. I'm holding my position.09 because I am leaning towards ADA springboarding up in July with some good news from Charles Hoskinson.
BITTREX:ADAUSDLong
by UnknownUnicorn5174798
1
LTC going into a corner for a breakBeen watching LTC all year. I was happy to see a sell sign on the daily in march and hitting 80. Now we are back on track to reclaim our rightful spot as BTC's silver. Summer is around the corner. People have been cooped up for months and will want to travel. Crypto prices historically go down at this time. But, if covid 19 remains a factor that keeps people in I could see LTC moving back to 100-80 in the near future. BUT BE CAREFUL. People could get the OK to travel dropping the price all summer then in the fall people save and spend for Christmas and the price drops. People have been staying in and looking for new income. So, I do wonder how many people picked up some crypto. Which also supports my theory that if people stay in this summer crypto prices could see a bump.
COINBASE:LTCUSDShort
by UnknownUnicorn5174798
1
Lasta chance for a long on GASThe price has almost reached the last static support placed at about 2.56 $, after it there is a gap of 30/50 cents that could be covered in the very short term if the level just mentioned was broken downwards. The main trend, so far, has been reversed: technically the EMA20 and 200 periods on medium / long term tf are above the price and this means that the trend has basically become bearish; with the end of January, however, historically, begins a period of laterality that bounces the price in this channel between $ 2.60 and $ 3.10 approximately, until late spring / summer does not violate the downside support to test the areas around 2.20. For the next few weeks we will trade it by entering and exiting the market, when the opportunity arises, and then keeping a short position in the portfolio for the short / medium term that we will close towards the autumn. Obviously if the scenario changes, we will change the analysis and the strategy. Join us for further analysis on: Instagram : www.instagram.com Telegram: t.me Facebook Page: www.facebook.com Web: www.bfcminvest.com
NYMEX:NG1!Long
by BFCMInvest
Summer provide ideal conditions for intraday tradingSummer is a period when many investors and traders go on vacation. Accordingly, trading activity is reduced sharply. On the one hand, this leads to a decrease in liquidity and the emergence of the so-called "thin market", where even relatively small volumes can lead to serious changes in asset prices. But on the other hand (and this is a more general practice), the level of volatility is reduced, and the markets strongly gravitate to the range trade. Asset prices prefer to be locked in relatively narrow ranges, which make the intraday trading process extremely attractive. The basis for making trade decisions (in the absence of strong fundamental contradictions) are the signals of oscillators. In addition, we recommend using the signals of the indicator Ranger, which allows you to accurately determine the potential lows and highs of the day. Talking about the current week, there is every reason to expect a quiet trade until Friday (on data on the US labor market, the explosion of volatility is almost inevitable). By "all reasons" we mean not only the summer period, but also the absence of important fundamental events, as well as macroeconomic statistics until Friday. In addition, on Wednesday the US Independence Day, which will lead to a drop in trading activity during the American session to a minimum. In total, it seems to us, the current week is extremely favorable for the oscillatory trade within a day. Our recommendation is active trading across the entire range of underlying assets without explicit preferences.
by Trade24Fx
Bitcoins 1D June - Sept Summer Road Map 2018 [BTFD]Greetings all as we enter Summer in the northern hemisphere we are able to identify some important SUPPLY and DEMAND zones, shown in yellow and our usual Gann fans, Fibs, wedges/triangles and our trusty RSI showing us possible paths it has been shown to me and few others every 6th of the month has been a major pivot point, so will this come on the 6th of June as well? (last 5 months, so this would be the 6th time it would happen and im very keen on 666 as a number of humanity spiritually speaking) the next major test for bitcoin is to stay within this triangle and not fall below out of it thus opening up new situations and possibilities and we can start thinking of $4k and under, for this not to happen we gotta see bitcoin stay over $7k above that trendline and gann fan purple area massive supply and demand zones now above bitcoin and its gotta flip these with significant volume to get over and stay above these areas thus starting to show some bullish signs for that sentiment right now is neutral (sideways) with an expected range from $4/5k to a poss $12k in this month of June good trades to all, come ask questions in our telegram chat or get updates on our feed, we look forward to all kind of traders to come collect profits with us
COINBASE:BTCUSD
by majorlee