Dayton, OH (PRWEB) July 31, 2013
For many differing reasons, the financial markets tend to exhibit seasonal tendencies that are vastly overlooked by retail traders. In a recent article in Business Insider the main reason is that it's financially prohibitive for most to have this information readily available.
What Eric Harbor, CEO, CaesarTrade FX-CFD does every Monday, is provide the weekly seasonal pattern for important Forex and CFD markets as a public service to traders at ForexMinute.
Seasonal Patterns take the historical price data of any given instrument and calculate an average trend which should repeat itself. Like insurance claims that occur rarely, the thinking goes, there may be one or more unexpected events but on the whole, patterns repeat themselves.
"This past summer, the seasonal pattern were very successful," states Eric. "What it says to me is that this has been a traditional summer that did not react to the news but to market patterns. When seasonals do not work, then something else is going on - but not this summer."
Like many things that involves financial markets, there is a love and hate relationship with concepts such as seasonals, and understandably so. What sets aside CaesarTrade FX-CFD presentation is that we acknowledge this fact and aim for consistency.
If you are looking for what seasonal patterns have in store for something you are reporting on or trading with, contact Eric who available for interview at +1-937-581-4244 or eric (at) caesartrade.com.