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Five Things That Move the market

Discussion in 'Education Centre' started by ProTrader, Apr 22, 2012.

  1. fxapex

    fxapex

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    Yes political changes in a country do play a major role in forex market but one should be wise enough to predict its impact and trade accordingly.
     
  2. sindarin

    sindarin

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    But i see a political changes rarely happened, if you think that Interest Rate changing as the part of Political issue then that is also not always happen each month, but when it happens, the price is shaking and following the trend.
     
  3. Dmitriy Ushakov

    Dmitriy Ushakov

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    Major economic events influence on trading on the Forex market. Report on inflation is no less important to the Forex market. And do not forget that in many respects Forex market depends on global politics.
     
  4. ExpertGC

    ExpertGC

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  5. anosocialnet

    anosocialnet

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    oh yeah, global politics. especially when a country is embarking on War, it does affect there price action. and you can source such information fundamentally.
     
  6. Tom Latham

    Tom Latham

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    This is very important thread based on the fundamental perspective! But I see, a number of new Forex traders don’t want to learn news trading; they wanna make regular money here only based on the technical analysis (that is quite impossible). Fundamental events are mainly responsible for big movements of the market.
     
  7. trauton

    trauton

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    Tom Latham, I agree with you absolutely. The technical analysis is not enough in order to trade on forex successfully. Fundamental analysis is also must be used for a more accurate prediction.
     
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