Forex Seasonal Patterns

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Developed By: CoryMitchell

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Normally we look at charts in chronological order, day after day, week after week and year after year. The typical chart chronicles the price path of a currency (pair) over the years and can provide a lot of information for technicians to use. Yet there is another way to view currency charts, and that is to look at them in a seasonal fashion.

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“Forex Seasonal Patterns is a forex educational eBook that will assist traders to understand market and how to place their trades.” – vStore Moderator

Normally we look at charts in chronological order, day after day, week after week and year after year. The typical chart chronicles the price path of a currency (pair) over the years and can provide a lot of information for technicians to use. Yet there is another way to view currency charts, and that is to look at them in a seasonal fashion.

So what are forex seasonal patterns, or forex seasonal charts? For our purposes, seasonality is the tendency of a currency to bottom or top or rally or fall, at certain points in the year (in commodities this can occur with the seasons of the year).

Instead of looking at the last 15 or 30 years of currency data in chronological order, what if you took each year (January to December) and could put each year on top of each other. All 30 years are then averaged and set to an initial value providing one line which shows how the currency acts on average between January and December, over the last 30 years (throughout the book we will look at the 5, 10, 15, 20 and 30 year averages).

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