Wednesday, August 12, 2009

Experiment In "Forex" Lab.

For the last 2 weeks, I "locked" myself in the "Forex Lab" and doing all kind of experiment on 6 type of major pairs currency. As Non Farm Payroll hit last Friday, USD/JPY spikes more than 200 pips. At the time of my writing, it shoot down more then 150 pips. It shows how volatile the market is. The same volatility shows in other pairs, the only difference is the magnitude and time frames.
Now (Tuesday 330pm EST), the market is waiting for the decisions of Fed on the sign of US interest rate which will be announced tomorrow; Wednesday 215pm EST. All the events stated above consider the crucial elements that move the forex market. Anyway, expectation always collide with reality. In fact expectation shows the "real" market movement which is being controlled by the participants' psychology. The final truth might drive the market in both way or remain sideways(which is unlikely in this volatile market).
To create hypothesis in this vicious market, it is almost impossible. The only way to beat the market is stick to the strong guidelines. As mentioned in my early articles, those who wish to find the Holy Grail in Forex market will dig the grave with their own teeth.
 
Disclaimer
Trading forex involves substantial risk of loss is not suitable for all investors. The high degree of leverage that is often obtainable in trading forex can work against you as well as for you. Past results are not indicative of future results. We do not responsible for the accuracy and completeness of the information, the timeliness of the transmission of information or any errors or omissions in the transmission of such information. Any reliance on the information contained in a this website is solely at the risk of the user, and each user shall be solely responsible for any and all losses resulting from such investments. In no event shall we nor any of our agents or affiliates be liable for any direct, indirect, actual, special or consequential damage or losses resulting from the use of the information provided herein. The website contents are strictly informational publications and do not provide personalized or individualized investment or trading advice.