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    Thread: How can we predict the unusual behavior of different currency pairs?

    1. #71
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      For me I yjimk there is no need trying to predict such market,so I think the best thing for us to do is to make sure thatnwe stay out of the trade because you do not have tomtrade all the time before you can become a successful trader in the forex market and we must understand that the market is always in an unpredictable mode on Fridays.

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    3. #72
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      Nobody can predict accurately

      One can simply make a calculated guess on prevailing conditions and the likely future conditions

      So trying to find the unusual behaviour of different currency pairs is difficult as we would be knowing only later what caused it at least at the retail level

      Forex market is highly risky and unpredictable. It is not controlled by any organization or individual,how the price would move in the direction of strongest trend made by the order flows of the participants...
      The Real Money is in 100% Compounding

    4. #73
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      Predicting the unusual behavior of the foreign exchange market and some of the pairs is actually very easy if one knows what he is doing: I'll give you a clue; every turning point in the foreign exchange market is as a result of a previous turning point. Find these previous turning point and trade of them.

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      mainly when major pairs moves due to some technical level or by changing their trend or reversals, also when market moves due to some economical event happens then the other currencies who are the pairs interrelated or are minors but are dealt in national less change according to their levels, then these pairs show unusual movement in them,

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      it is our practice that enables us to trade with different currency pairs and manage them is a way that we may face the minimum risk and could manage ti get successful trading results. while trading in real account we can get the knowledge about currencies from Forex news and many other sources of news so that we can properly manage our diversified trade with minimum risk and threads.

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      We don#t predict in forex trading but we follow the market condition, that is why we need to learn because when we learn then we will be able to know how to handle most of the market situations. For instance when it comes to correlated pairs, I don't take them, I take them with good risk management to ensure that I don't loss my money.

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      prediction of the unusual behavior of different currency pairs may be difficult and so the trader should always use stop loss to protect his money from that unusual movement of the market, i think that big traders can predict this behavior not small traders.

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