Edit Your Comment
Sell in May an dgo away
Mitglied seit Feb 22, 2011
4862 Posts
May 03, 2016 at 06:38
Mitglied seit Feb 22, 2011
4862 Posts
Interesting article
...the strategy to consider is to sell EUR/USD and GBP/USD in the beginning of May and buy them back at the end of the month because these currencies declined in 8 out of the last 10 Mays. Unsurprisingly, buying the dollar (Dollar index) on May 1st and selling it on May 31st also netted gains 8 out of the last 10 years as well. Sellers of the Australian and New Zealand dollars on the other hand needed more patience. While the following table shows that AUD/USD fell 6 out of the last 10 years (and rose less than 0.3% in 2 out of the remaining 4), the best technique for both currencies is to sell in May and buy back when everyone returns from summer vacations in early September. There was no discernible pattern in USD/JPY but for USD/CAD, buying in May and waiting until November to sell was the best strategy. ...
https://www.fxstreet.com/analysis/daily-fx-market-roundup/2016/05/02/
...the strategy to consider is to sell EUR/USD and GBP/USD in the beginning of May and buy them back at the end of the month because these currencies declined in 8 out of the last 10 Mays. Unsurprisingly, buying the dollar (Dollar index) on May 1st and selling it on May 31st also netted gains 8 out of the last 10 years as well. Sellers of the Australian and New Zealand dollars on the other hand needed more patience. While the following table shows that AUD/USD fell 6 out of the last 10 years (and rose less than 0.3% in 2 out of the remaining 4), the best technique for both currencies is to sell in May and buy back when everyone returns from summer vacations in early September. There was no discernible pattern in USD/JPY but for USD/CAD, buying in May and waiting until November to sell was the best strategy. ...
https://www.fxstreet.com/analysis/daily-fx-market-roundup/2016/05/02/
Mitglied seit Feb 22, 2011
4862 Posts
May 09, 2016 at 06:03
Mitglied seit Feb 22, 2011
4862 Posts
Well any pair cross with USD should work :)
May 09, 2016 at 07:24
Mitglied seit Nov 14, 2015
325 Posts
GBP is expected to fall on brexit, so is EUR, JPY is expected to fall on being too strong, CAD is expected to fall on oil (more saudi oil in end of may), not so sure on AUD and NZD (but they aren't the big short winners here statistically).
Sell in May should hold rather well this year too. Unless Fed comes and crush all hopes of futher rate hikes.
Sell in May should hold rather well this year too. Unless Fed comes and crush all hopes of futher rate hikes.
Mitglied seit Feb 22, 2011
4862 Posts
May 09, 2016 at 07:26
Mitglied seit Feb 22, 2011
4862 Posts
stian posted:
GBP is expected to fall on brexit, so is EUR, JPY is expected to fall on being too strong, CAD is expected to fall on oil (more saudi oil in end of may), not so sure on AUD and NZD (but they aren't the big short winners here statistically).
Sell in May should hold rather well this year too. Unless Fed comes and crush all hopes of futher rate hikes.
Well it is no longer about strength of economics but rather about political proclamations
Lets see how central banks plays it.
This year BOJ as well as Draghi as well as FED had surprised us already.
*Kommerzielle Nutzung und Spam werden nicht toleriert und können zur Kündigung des Kontos führen.
Tipp: Wenn Sie ein Bild/eine Youtube-Url posten, wird diese automatisch in Ihren Beitrag eingebettet!
Tipp: Tippen Sie das @-Zeichen ein, um einen an dieser Diskussion teilnehmenden Benutzernamen automatisch zu vervollständigen.