A lot of people Speak about the technique of trading in the
currency market, it is easier to deal with graphs for the movement of currency
pairs because they are characterized by being always correct, as well as the
eyes rolling as is clear, you can see the trend lines;, as well as support and
resistance lines.
Charts the movement of currency pairs is always fixed and
concrete you can select any point you want at which point all to see.
It also turned out to be of equal importance can be given to
the basic approach (fundamental analysis). Experts advised the use of more than
one approach to increase the opportunities for profit in trading in the Forex
market. You can do it with the help basic approach only, but this will be very
difficult and complex, it's not like the news that says for Forex trader when
he has to reduce the circulation of a pair euro / dollar, or when they reap
profits from the currency pair, or even when out of the Forex market
altogether. All this, according to the analysis, it is clear that reading
charts for the currency movement can be issued vast amounts of information, but
always seem to chart significantly lower than fundamental analysis.
For example, in the current summer day, it is clear that the
market is going at a slow pace in spite of all the news that issue. There Forex
market responds to any news particularly because of the summer holiday, where
that senior capital on vacation at this time of the year, but summer is on the
threshold of the end as Forex traders prepare adults to the beginning of a new
season of excitement in the currency trading market.
So when this happens, is there anything you can do other
non-exchange traders read the news issued during trading in the market, but the
question, which are these "top capital" who everyone is talking about
them? How can humble currency trader to know what he is doing these adults?
It is showed that the so-called "top capital" is a
non-visible, and that others cannot follow their work, the United States
government does not allow it. To the Commodity Futures Trading Commission
report periodically requests every trader in the Forex market can access these
reports, where the Committee will publish the report every Friday. The report
will be within reach of the Forex traders because it helps to know what he is
doing, "senior capital" and what is their current financial
situation.
Government requests this report due to the effects senior on
the capital and financial position. For this you can see what they are doing
and therefore act according to it.
You can find in the report changes that took place in
accordance with the changes in the interest rate, with the changes in the
situation of the company and its centers.
And what can happen, for example, that you can see (by the
reports) that someone keeps for a long time in the same currency, it
undoubtedly will be forced to put up for sale. It only makes sense that the
reflection of the market will be around the corner, there is no need to force
him to sell, but there is no fault to be ready for this change.
No comments:
Post a Comment