Do you believe this market is random?

I think the problem lies in ones belief system.those that are determined to prove that any structure does not exist within this particular market place are not prepared to listen or open there minds to any possibility.if we were descussing this in a cave we would remain in the cave.

There was the view that market is chaotic.
So why trade Forex? or is it just a philosophy?
Of course argue with the fact that often we don't know all things and will probably never know. But there is profitable traders and it's fact. When completely random market would be it possible?

Forex is just a MARKET.
No more, no less!

Nobody cares if it's random.
You either can make money or not!

Yes.

This is all that matters. everything else is just water cooler talk

Frankly, you can’t follow here any copy/paste formula! But till now this volatile market respects the support/resistant levels, supply and demand rule! So, we should focus on the whole scenario instead of depending on any particular technical tools!

Can't disagree with you,

The market needs to be looked at as a whole not individually, when the market agrees any manipulation is not possible,these are the moments to trade.the Probabilities change dramatically in favour of the whole.

I don't think the market is random.
The market and the economy are always influenced by some factors.
It may be the decision of politicians. It could be a natural disaster. It could be a crisis. It could be war. It can even be a simple phrase, but an important person.
Therefore, it affects the movement of the market. And on the speculation of various people as well. Therefore, forex should not be considered random.

I don't think the market is technically random, but it might as well be as far as we're concerned, because unless you know what every person's trade is and what they're going to do next, then knowing or not knowing whether or not the market is random is irrelevant. And no amount or combination of past data is going to tell you what's going to happen next.

Ditto Dice! The probabilities of American house prices going up during the credit crunch of 2008 was ???? The markets are definitely not random..

i think its random

so what you are saying is, that you don't understand the fundamental relationship of bonds, interest rates, and USD with the JPY?

The immediate action is random caused by imbalance of market orders on the order book, the longer view is less so due to manipulation of the bigger players who face ruin if they don’t get price eventually to a level where it protects their business empires.

Well, Forex market isn’t out of the context of technical & Fundamental analysis; all you need to do actually, learn more & build your own trading skill!

My research into TIME and PRICE over the last 10 years have convinced me markets are not random - they play out to cycles and mathematics that either humans are susceptible to or some outside Influence puts on humans/traders

Here's the EURUSD WEEKLY Index displaying a definitely 10 year cycle that causes a PEAK, correction, then rally to new highs - next time due is Sept/Nov (ish) 2027

I think that the market is very random, but not completely. I think this is a healthy approach to have, so you don't get too confident. Otherwise you'll start thinking you run the place.

The question of whether the forex market is truly random is similar to the broader discussion about market randomness. The debate about market efficiency and randomness also applies to the forex market. Here's an analysis specific to the forex market:
Pros of Market Randomness in Forex:

1. Risk Management: If the forex market were utterly random, it would emphasize the importance of risk management strategies for traders and investors.
2. Avoiding Overconfidence: Acknowledging randomness can prevent traders from becoming overconfident in consistently predicting short-term price movements.

Cons of Market Randomness in Forex:

1. Technical Analysis: Many forex traders use technical analysis to identify trends, patterns, and potential entry and exit points. Technical analysis might have limited predictive power if the market were entirely random.
2. Fundamental Analysis: Fundamental analysis evaluates economic indicators, interest rates, geopolitical events, and other factors affecting currency values. A genuinely random market might undermine the reliability of the fundamental analysis.
3. Market Inefficiencies: Some traders argue that market inefficiencies exist in the forex market, which could be exploited if prices were not random.
4. Long-Term Trends: Like in other financial markets, long-term trends and patterns often emerge in the forex market. These trends might suggest that there are underlying factors influencing currency values beyond pure randomness.

It's important to note that various factors, including economic data releases, central bank policies, geopolitical events, trade balances, and more, influence the forex market. While short-term price movements might exhibit randomness, longer-term trends are often influenced by changes in these fundamentals.
Traders and investors often use a combination of technical and fundamental analysis and risk management strategies to navigate the forex market. Some might argue that a degree of predictability exists in certain market conditions, while others emphasize the importance of humility and caution in the face of uncertainty.