— The Forex Guy, a popular website for those looking to learn forex trading or improve their skills, published an in-depth new guide to some powerful seasonal foreign exchange trading strategies. During the summer months, many banks and other large institutions back off from their usual levels of trading activity, withdrawing liquidity from the world's forex markets and subjecting individual traders to increased risk. The new Forex Guy article guides readers through some effective ways of accounting for this fact, covering concrete trading strategies that were successfully used in recent weeks to profit from movements of several different currency pairs.
"Summer is the toughest season of all for forex traders," Forex Guy founder Dale Woods said, "With the big players backing off and enjoying their vacations, choppiness in the markets becomes the prevailing condition. That can make it hard for individual traders to lock in profits or even line them up in the first place. Our new look at some recent end-of-summer trading action is going to be valuable to anyone who is interested in honing their forex skills."
In the most recent edition of the Bank of International Settlement's triennial survey of the world's central banks, total global trading in foreign exchange markets averaged 5.3 trillion United States dollars per day. That figure dwarfs the aggregate trading in the world's stock and bond markets, with banks and other financial institutions of various sizes accounting for the vast majority of the volume.
Individual investors play an important role in the world's foreign exchange trade, too. The unregulated nature of forex can make it easier for investors inclined toward action to get started and find trading platforms that best suit their needs. That lack of regulatory restrictions also frequently means that forex traders can have access to far more margin borrowing than when trading stocks or bonds, potentially increasing their returns by a similar amount.
The Forex Guy is one of the Internet's top sources of lessons, strategies, and forex-related information. With a free forex e-book course and other resources that give readers a solid grounding in the fundamentals, the site has helped countless new traders start profitable careers. Traders looking to build up their skills even further find that The Forex Guy's premium War Room membership helps them do so easily, with everything from weekly video tutorials to an active chat room and daily commentary on trading charts supporting their rise through the ranks.
The Forex Guy also regularly publishes free, in-depth strategies and analysis for visitors to benefit from. These freely available offerings cover everything from such basics as learning how to draw accurate, reliable forex support and resistance lines to much more advanced topics.
The Forex Guy's new guide to and analysis of end-of-summer forex trading will provide valuable insight into how a veteran trader thinks about and deals with some of the most demanding trading conditions of all. The new report is available now at the Forex Guy website.
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Teaching everyone from complete beginners to expert traders forex strategies that work, The Forex Guy publishes an ever-growing mix of free and premium guides, courses, commentary and more.
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