darktone
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The forum trolls have ruined this thread!
Yeah, just like how motoring press ruined the Austin Allegro
The forum trolls have ruined this thread!
Never mind you can start 3 more on exactly the same subject tomorrow.
He means forum professionals .
So how the Professionals work in Forex, did anyone find the right way to work here?
Never mind you can start 3 more on exactly the same subject tomorrow.
So how the Professionals work in Forex, did anyone find the right way to work here?
Interesting opinions from all of you, always trying to keep an open mind.
There are many things that you need to understand that if you wanna become successful, you need have lots and lots of practice and you need to have proper knowledge and experience and skills.
• Future interest rate expectations take precedence over the headline rate
• If a country has a high interest rate, but no further increases are expected, the currency can still fall.
• If a country has a low interest rate but is expected to raise interest rates over time, its currency can still rise
While it is easy for Forex traders to understand the logic of why investors move money from lower yielding currencies and assets to higher yielding assets and currencies. They may also believe that the simple mechanism of supply and demand is responsible for currency movement. However, this is only part of the story. The expectation of future interest rate increases or rate cuts is even more important than just the actual rates themselves.
To enter a trade :Look at stochatics 4 hours chart after anylysing fundamentals new .Either buy a monthly call or put option A T M or buy/sell futures with a wide stop of 200 pips.Run your profits until change in interest rates .expectations.The edge is the interest rate drivers.
The day trading systems and price action trading is for amateurs.
Those who have nothing to , read psychology threads and articles.This will help you.
Search on google for
trading currency for interest rates expectations
interest rate and exchange rate relationship
Higher interest rates attract foreign capital and cause the exchange rate to rise. The impact of higher interest rates is mitigated, however, if inflation in the country is much higher than in others, or if additional factors serve to drive the currency down.
https://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp548.pdf?3580ef9984c1f243be0de10811e5e5ef
Hi,
Yes definitely correct about the Carry Trade. Professional traders look for catalysts which can set a pair off. Fundamentals is key approach to Top down investing. Technicals come in second for entries and exits. Strong economies vs Weak economies Investors striving for the best Yields. 10yr Bonds , T Notes etc etc will give you a good guide wheres the flows are. Copper prices will give you an idea of EM (emerging markets) There's soo much fundamentals and soo little time.
so listento the poster ive quoted and you cant go wrong
gchads
He is a fool
He's not. He's a bank stooge who's meant to pass this kind of info around. The financial markets are based largely on misinformation. The more confused you are, the more money they make.
He's no fool and just doing a job. He probably makes more money than 99% of the internet "traders".
If your job is to trade and you get paid for it you're a trader. If your job is to act like a fool and you get paid for it you're a fool.
He is a fool!
Do you seriously think that a professional will go to the forum and share his experience in trading?) Of course part of the posts is useful information, but all that is generally available in the public domain is obsolete information
Read about trading from real traders , read market wizards Bill_Lipschutz
https://en.wikipedia.org/wiki/Bill_Lipschutz
Of course they are on forums under different names like George Sorros , profit locker ,profit taker 10% , 5% , forum bank trader , dunning-kruger , michael winner , lord anton (multimillionaire ),piphoe the pro, james 16 , Vegas
This was the only book that I believed was written by a real trader.The rest of them contain trading illusions.
http://www.ebay.co.uk/itm/Wiley-tra...ry-/302305898354?_trksid=p2385738.m2548.l4275
I made the mistake of taking you off ignore.
That second book was written by Gary Klopfenstein
Everything you write contradicts something else you have written.
You are a fool.