Im talking more about Delta. There are times when the delta is packed with information, nowadays all is calm and I have had over a week without a proper signal. No trade so no loss. Im asking to know whether Im to count on a longer period of notrades (i.e. whether people here on futures.io (formerly BMT) or you personally observe some differences in trading during summer).
Generally speaking, things slow down in the summer. But I classify that the same as saying don't trade during lunch, don't trade on Friday, etc... I simply trade when there is opportunity, and don't trade when there is not.
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The following 2 users say Thank You to Big Mike for this post:
The SessionVolatilityBands measure the average daily range, when set to ETH. You can display the average daily range for any lookback period. For example for $EURUSD.
The chart attached shows that
- the daily range for the last 10 business days (2 weeks) was 130.5 pips
- the daily range for the last 20 business days (4 weeks) was 125.5 pips
- by deduction the daily range for the 10 business days prior to the last 10 business days was 120.5 pips
Therefore the daily range has expanded by about 8% if you compare the last two weeks to the prior two weeks.
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The following user says Thank You to Fat Tails for this post:
When trading FOREX there is no delta per se. I only know delta for currency options and for portfolios with a component denominated in foreign currency, which needs to be hedged. Which delta are you talking about?