Two Reasons We (spec traders) should LOVE Summer Trading —
As summer winds down and the “big shot” traders come back to rule the roost; we small spec players have to thank our lucky stars for these two residuals of summer trading:
1. Range trading played by the big name computer systems — So organized, efficient, synchronized, and PREDICTABLE..This is where being diligent and observant of each currency pair ranges and the many range breaks can help us make a handsome profit.
2. Algos and related software…of the “real money” firms activated in the summer to avoid unnecessary risk and maintain the ranges of the forex market.
It is within these two parameters that we spec traders can make a wonderful profit…so much so that I am seriously thinking about just trading July and August (on a large scale) in the future..
Let me know your feelings about this trading trend and how your trading book did this summer..
In the words of Gerry Davies- Now is the time to enjoy your cans and don’t give it back in September–

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Thanks Tony, you are very correct … Personally I did ok,,,, but boy do I miss last year…. oh for the 500+ swings in the dow futures in the last 30 mins of the floor closing…..looking back over the years I personally do better in sept to dec..as long as i dont give it back in those first 2 weks of december trading..
Anyway thankyou Gerry, Mark, and Jamie for such a great site.. and I hope you all have a great weekend . Regards.
One last comment , I urge you all to go have a look at the recent COT commodities positions, we are at year highs in a number of net commercial short positions …. with large traders on the other side… given the high correlation these commodities have had with the stock indicies…. and the fact that id rather trade with the commercials than against them… this next sept – dec run is gunna be a beaut.
Also the song is great – hope singing it the week ahead
Yes the song is great Ali!!!! Jamie knows all the words and it’s his party piece after a few beers……