Why did the market reacted like this
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Thread: Why did the market reacted like this

  1. #1
    Hey

    Why did EURUSD responded like this at the launch of the trade balance. The trade balance was -64.8 along with the prediction was -64.5. That means its bad for the dollar right?? US are importing more than they're exporting.

    Can somebody answer why the euro went against USD

  2. #2
    Feb,

    Great Article. Every now and again we will need to listen to the voice of knowledge.
    I wish we could all know there is not any secret recipe for forex.

    Thanks,
    Al

    Quote Originally Posted by ;
    A professional trader loose 1 from 100 trades??
    WOW that is something my friend. What indior he use? Perhaps he use the system that is yo-yo.
    ...
    Only if I'm not a fundamentalist. I pay attention and also for tech I use the indior and sometimes, the sun indior.

    Thanks

  3. #3
    Quote Originally Posted by ;
    Therefore if you are able to make huge money in forex, why is it that you exchange forex afterward...

    Weforexforum.co.zaaren't proffesionals traders..if we were we wouldnt be here, and also the proffesional trader possess the expertise to know what to exchange because he's seen this many many occasions. However, for us New novices, we have a lot to understand. However, I know that a proffesional trader loose 1 out of 100 trades..So please dont come and be mr papa here. Have you ever talked to a experience trader a proffesional who makes millions out of Forex, future possibilities, stocks etc.. .But I have..And I saw the reports on his trades. . I dont think you ought to be pessimistic hier.
    Nimakhaki,

    If you beleive that folks atforexforum.co.zaaren't professional traders why is it that you refer to them for advice? Why do you think a lot of non-professionals will be able to help you to proceed in your trading career? Why don't you simply stick to your professional 99% friend to win this game?

    I am lurking and interacting with this forum since March 2006 and have discovered numerous hands-on practices to deal with the market that I probably could not loe them readily anywhere else. I respect the men and women who get involved in this forum and thank them. If you review my remarks within the past couple of months you will see I was able to evolve with the help of these people that by the way I feel that a number of them are authentic professional traders.

    I am not pessimistic about Forex trading. Just for your info so far more than 80% of my trades have been winners. But, it doesn't guarantee that I make billions of dollars in the not too distant future. I attempt to be realistic and accept that this is not me who drives this market and also the fundamantals behind it are so complied and the major players are so enormous that you need a blend of knowledge, money management and plogy of commerce to have the ability to make it. There's NO ABSOLUTE WINNING STRATEGY IN FOREX but there are people who keep going and winning.

    To me the most important thing is to proceed, be wise, enjoy my successful trades, and find out from my losses. If I make 1000 pips or 10 pips at a month I'll stay the exact same wise joyful individual. Revel in and my goal is to exchange it. Money comes next which is by the way an extremely important initiative proceed and to stay .

    Anyway, I wish you luck and hope that you make billions of dollars every year.

  4. #4
    Quote Originally Posted by ;
    Only technology can make you be profitable in long-run
    I find it quite dangerous to make absolute statements like this.

    At the market there are absolutly NO RULES. You are able to trade just how you like, just as long as you make money. I bet there a million guys out there have cash in the long run trading fundamentals, technicals, moon cycles, gut feel, anything...

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