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    Thread: Is it possible to have an association of buyers and sellers? (3)

    1. #91
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      Quote Originally Posted by usd/chf View Post
      Association for buyers and sellers is good but I don't think it can be done successfully in forex market. This market is huge and even if millions of traders will unite to buy or sell a specific pair at same I seriously doubt if it can move the market. When traders watch their chart they have different analysis and not all will agree on the same thing. But bank interventions do have the power to moved the market and it is something that any association can not successfully do or imitate.
      This will require that you have huge amount of money in your trading account if what you want to see is the traders moving the market. The other traders that does it are big players they have got huge amount of money in the market and that is how they trade and make money from the market. They are not like retailer traders like us.

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      The professional, as well as expert traders, know the methods of trading to both sides in the market and it is especially correctly seen the results of them. Beside that the simple approach is that when there is uptrend movement we should choose buy, and when there is down we may choose sell.

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      The forex business is an individual thing actually and we all have our opinions and understanding based on the analysis that we have done. There cannot be a uniform agreement between buyers and sellers at any particular point in time, we should understand how things work here for our profitability.
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      It is possible to have an association of buyers and sellers because market moves due to them. Either any one part of section can win in trade or vice versa. In general, market works on the basis of supply and demand principle. we need to be careful before placing trades.

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      yes in this market is all related to the buyers and sellers if buyers are strong the sellers are week and if sellers are strong then buyers are becoming week so it is all about the war of buyers and sellers in this market over all if you have the talent to command over your buying and selling strategies then you can earn something form this market with effectively

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      it is definitely possible to make an association in Forex for buyers and sellers but until Forex confirms the legal importance of that entity, it will be useless and less important. there are some private groups but not an an authentic association. so it will be good if it happens because it will give traders more ease and convenience.

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      we are retail forex traders and we are trading with very small accounts in comparison with the accounts of the speculators and the hedgers so we do not have any impact on the market and even we have moved as one unit the market will not be affected by our movements as we consume less percent of its volatility

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