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  • Member You - Forex Training: Follow Your Gut or Your Broker

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    ry move? Of course not. But understanding what makes the markets move will give the edge in making better trades.

    What do we need to know!

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    Which way will the forex market move? Do you just follow your gut feeling? Or do you have Neo’s sixth sense that would let you be one with the market and feel the underlying currents.

    Trading forex is a non stop action movie but a good one, where you really don’t know who will win at the end. Every forex trader is trying to predict the winner of his own movie.

    The forex markets move fast. Can we understand why they move? Yes, we can but only by having a feeling for the market, the instinct to know in which direction to move. Will our intuition enable us to predict the forex markets every move? Of course not. But understanding what makes the markets move will give the edge in making better trades.

    What do we need to know!

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    nd feel the underlying currents.

    Trading forex is a non stop action movie but a good one, where you really don’t know who will win at the end. Every forex trader is trying to predict the winner of his own movie.

    The forex markets move fast. Can we understand why they move? Yes, we can but only by having a feeling for the market, the instinct to know in which direction to move. Will our intuition enable us to predict the forex markets every move? Of course not. But understanding what makes the markets move will give the edge in making better trades.

    What do we need to know!

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    ery forex trader is trying to predict the winner of his own movie.

    The forex markets move fast. Can we understand why they move? Yes, we can but only by having a feeling for the market, the instinct to know in which direction to move. Will our intuition enable us to predict the forex markets every move? Of course not. But understanding what makes the markets move will give the edge in making better trades.

    What do we need to know!

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    only by having a feeling for the market, the instinct to know in which direction to move. Will our intuition enable us to predict the forex markets every move? Of course not. But understanding what makes the markets move will give the edge in making better trades.

    What do we need to know!

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    ry move? Of course not. But understanding what makes the markets move will give the edge in making better trades.

    What do we need to know!

    - Who trades forex?

    Traders, investment funds, corporations, banks and governments.

    - Why do they trade?

    Traders go for a quick speculative profit. Investment funds avoid risk and follow the long term trends. Corporations are trying to hedge on currency fluctuations. Banks are short term traders, market makers and hedgers. Governments trade currencies to keep there countries markets stable.

    Now that we know who the players are we must understand ourselves. As the other players trades will impact greatly on our own. We need to decide on our trading strategy. There are just t

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