Market really slooowed down nowadays because of summer. Worth checking out the Gold and Dow Jones volume in perspective, except couple of days there is barely volume on it. Big money is on vacation now.
I thought I share my most successful day moneywise and pipwise to date. Happened this Tuesday on 14th of July, 2 trades, rest of the week was just sitting around though.
On EU as soon as London opened high volume appeared even in comparison with the rest of the week’s volume. Lower prices continously bought higher volume, then was the push through followed with bullish reaction, that was where I entered. Bit later it gave and NS too before started to move up. I rode all the way up, until that even higher volume appeared.
I took the same scenario on EJ too, the move was even bigger on that. Some people even took the short after the ultra high volume in the afternoon, for me the longs were enough for the day. ;D
So you can still catch good trades during the summer, but it happens in couple of days instead of almost daily.