How to make money Trading Seasonal Patterns in Forex

How to make money Trading Seasonal Patterns in Forex

This is a discussion on How to make money Trading Seasonal Patterns in Forex within the Forex forums, part of the Markets category; I am starting this thread to discuss Seasonal patterns in Forex and from my observation ..Having these patterns in you .

How to profit from it is what we shall discuss.

Patience is the key to trading

Forex Trading Profits From Calendar Patterns by: John Forman

Most traders have heard of seasonal patterns, something which is mostly associated with commodities. The foreign exchange market also has calendar patterns which influence trading, and just like in commodities, traders can take advantage of them

to improve their odds for success and profits.

Patience is the key to trading

The month of may is a cable negative month.

The highest price on 1st may was 2.0070 and the current price of cable ie 1.9745 and the low would have been 1.9700

So the actual profiting pips would have been 370 pips from the 1st of May 2007 to the 18th of May 2007. These are the facts for 2007 now I am posting the charts and will give you the analysis in the next post.

Patience is the key to trading

But I would definately be going long on cable in June as this is supposed to be very GBP Positive.

Patience is the key to trading

The elements of My trading plan will be..

2.Trading Methodology. I have a few. but would like to stick to one.

I will be discussing these as well.

Patience is the key to trading

I have been looking at seasonal patterns for quite a couple of years now but this gives you the edge as in if you know that in a particular month they tend to be bear then you can adapt you bearish attitude towards you trade. I am a natural bear.. I short the market more than I go long so I look at reversals and pullback to fib levels quite a bit.


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