Printable View
forex market according to me is 60 to 70% predictable according to me if u are well versed with trading and posses full knowledge of your trades.As it depends on the economic strength of the country and fluctuates with the same...it cannot be fully predicted
The forex market movements are controlled both by economic news events and also technical matters but I believe that it is the fundamental news events that makes the market to behave the way it does. However, sometimes, market sentiment does have a role to play.
economic and political conditions often will affect the price movement that occurs forex market. we should be able to understand well all that in order to properly analyze ..Quote:
Originally Posted by ernestina
It is true that Forex market depends on the economic situation, but this is not the only thing that makes trading looks the way they are , individula sentiments also counts.
forex trading is pure business and there are so many factors behind.so what we see with forex rate is the out come of general economic condition of the world.forex can be affected from politics as well as economical growth.so it is not a guessing business .it has technical data and it requires very hard work to be successful.
Mausom tu saal main char bar change hota hai aur forex market her minute main change hoti hai some time its really unpredictable but we can predict mausom so there is no comparison between these two it better that we compare it with closest market that is stocks.Quote:
Originally Posted by forexchamp
aisa bikul nai ahi koun kay forex market may peche bohat bari strategy hoti hai or market kabhi kabhi insan ko bohat zayada nuksan phounchati hai is mausamiyat kay beche bohat bara sehtan hota hai.
forex trading is pure business and there are so many factors behind.so what we see with forex rate is the out come of general economic condition of the world.forex can be affected from politics as well as economical growth.so it is not a guessing business .it has technical data and it requires very hard work to be successful.
Don`t ever say that , may thing affects the real trading prices of an asset, this is not only the economic situation , the trdaers sentiments and the prevailing downgrades in expectation is part of it.
trader give more importance for the knowledge he is one of the best trader and such trade will get successful in the forex market. if you have to be then you must have to get as much as essential knowledge you get about forex.