Just looking at this market will lead to losses.

Next Wednesday, the CPI data from Aramco will be released, and all expectations are higher than the previous values, making interest rate cuts almost impossible to happen in the near future.

At the latest, it will be postponed at least until after September.

Every year, the months of July, August, and September are extremely tough and marked by volatile downward trends, and this has been the case almost every year.

This is not only related to the macro economy but also to the habits within the industry.

People in the industry generally like to stop trading and travel during July, August, and September, which causes liquidity to shrink rapidly. In the North American Texas region, electricity supply will be sufficient from June to September, including hydroelectric power, providing mining facilities with a lot of low-cost electricity, including regions like Quebec in Canada. The electricity in the third quarter is basically the cheapest time of the year, creating an annual tidal pattern of work. Major mining machine companies are operating at full capacity to sell products.

During these months, if you are trading small cycle trend trades, such as 15 minutes or 1 hour, you could experience a loss of up to 80% over three months.