DislikedIf the pair breaks below 1.4480 I'll look for STE to sell.Ignored
Big Picture Money Management 4 replies
Trend Following on Big Timeframes with Xumm 11 replies
Big jump or big drop ? 3 replies
BIG Money and news releases 4 replies
DislikedHi Srmfx, how often does market change? Once a month? Once a year? Every week? Do you think patterns in the quotes change as well?Ignored
DislikedIt depends how we define change. Let me give an example with the yen. Japan participates actively in the international trade. The companies are importing raw materials and are exporting finished goods. This means that a lot of the activity in USD/JPY and Cross/JPY is connected with the real economy. The companies are not trading for speculative purposes and this makes the currency pair more predictable and easier to trade. Importers are sitting on the bid, while the exporters are on the offer. Clear support and resistance levels could be identified...Ignored
Can you please elaborate more on the differences and changes bettwen todays market and before 2008 crysis. I know it is not a direct trading question but I am realy interested. And if there is any example besides those mentioned. I just started trading when crysis began...
DislikedNow the rules of the game has changed and the traders have to adapt to the new reality.Ignored
DislikedI can certainly attest to that.
I started trading 4X in 2006. Because I had been in business for myself (not a trader) I approached trading with a fundamental perspective. That's the way most businesses are run with the fundamentals.
Then for a while I thought I had lost my mind, The fundamentals went crazy. Good was bad and bad was good. Someplace I figured out that I would have to be a technician if I was going to survive.
Recently with the governments trading the huge amounts they have been for nothing but political reasons, I guess I will...Ignored
And if there is any example besides those mentioned. I just started trading when crysis began...