HFM information and reviews
HFM
96%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
Vantage information and reviews
Vantage
85%
XM information and reviews
XM
82%

Key Tips for Trading in a Fluctuating Market


Have you ever observed nature? Many things, such as the trajectory of a bee, may seem random.  At the same time, they are not – there is nothing random in nature. They appear random only because you don’t know the reasons that push this or that object in a certain direction. Normally, the brain can’t comprehend when too many things happen simultaneously – just like in the market.

When you look at the charts, especially at small timeframes – price moves look random and unpredictable as well. Nevertheless, there are reasons that push the dollar, the euro, the pound, and any other currency or commodity the way they go.

The problem is that the charts you see in a trading terminal provide a limited amount of information. If you were to study a chosen currency pair thoroughly, you would need to know a number of things:

If you knew that, you would be much better at understanding and predicting where the price may head because you would see its inner impulses. However, MetaTrader doesn’t show that. What to do?

Reality – reactions


Traders involved in the market are like cogs: millions of revolving cogs push the market's mechanism further and move the prices in different directions. However, traders react – they don't randomly decide when and what to buy or sell. They are a second link in the chain of events that precede the last link – the price. Therefore, if you saw this second link, you would be able to judge the immediate impulse that pushes the price. However, if you cannot – which you cannot with MetaTrader – then you go one step before in the chain of events – to the first link. The news.

This is what happens: traders wake up around the world, have their coffee, read the news, and, based on that news, make new trades and adjust existing ones. As a result, what you have to do is watch the news instead of watching other traders. This way, you will make a direct link between the world of events (the fundamentals) and the world of the market (prices).

#source


RELATED

Secrets of trading in the Asian session

Practically every trader knows that the particular dynamics of the pricing of financial instruments depends not only on the selected asset, but also...

How to Get into Online Metal Trading with IronFX?

The most popular precious metals in metals trading are gold and silver. The latter is strongly linked to the main currencies and the world economy as a whole. Precious metals have long been...

Elevate Your Trading Game with ModMount's Index CFDs

If you're ready to showcase your financial acumen in optimal trading conditions, ModMount invites you to explore the dynamic world of Index Contracts for Difference (CFDs)...

Unlocking the World of Commodities: An In-Depth Exploration

Commodity markets have often been portrayed as a realm for high-risk individuals, and while there's some historical accuracy in that depiction, the reality is that nearly every type of investor engages in commodity markets...

5 ways to get your strategy copied

Copy trading is one of the popular ways that allow professional traders to earn additional income on their trading by offering investors to...

Is EOS A Good Investment? Top Altcoin Insights For 2021

The cryptocurrency market is filled with innovation and ambition, where projects aim not just to be platforms for developers to build on, but full-scale ecosystems that can...

Regulation of Cryptocurrencies in South Asia

The scalability of financial technologies depends on legal system adaptability. India, with 93 million cryptocurrency owners, ranks first globally. However, India isn't among the top 20 countries for favourable crypto regulations. Establishing a favourable legal regime is crucial for India's financial market development, especially with the middle class projected to reach 90% of the population by 2039.

Nasdaq - Are Tech Stocks the Future?

The US Stock Market has more than $100 trillion worth of stocks sold yearly, with technology stocks such as Apple and Netflix becoming more popular. However, not many...

What's best: Forex robots or trading strategies?

Regular winners of Grand Capital contests sometimes honestly admit to the use of Forex robots. Meanwhile, many participants use contests to test their trading strategies...

Nasdaq CFD Trading: Everything You Need To know

The Nasdaq composite index is one of the three most important and popular major stock indices traded on the United States stock market. These three crucial indices...

Coronavirus COVID-19 pandemic possible scenarios

Epidemiologists at the University of Minnesota continue to do their research on Coronavirus COVID-19. They recently published a report in which they...

Trading robots. Should you use them in Forex trading?

To increase the profitability of trading on the Forex market, some private traders and investment companies...

Forex Hedging: Shielding Your Business from Foreign Currency Risk

Forex hedging stands as a cornerstone of currency risk management, a strategic shield that businesses employ to safeguard themselves against losses arising from the unpredictable fluctuations in foreign exchange rates. In essence, it involves the acquisition of financial instruments or products to shield an enterprise from unforeseen shifts in exchange rates.

What Is Fibonacci Retracement? Definition & How To Use It

Setting the support and resistance levels is usually a problem for traders. It is especially inconvenient when trying to figure out from the beginning where to place them on the chart...

Coronavirus pandemic: Three scenarios on the global markets

Markets require central banks to take regulatory responses, and after the chaos that occurred last week, the expectation of such measures was quickly taken...

TOP-10 stocks of major US companies that did not notice COVID-19

Many stock and bond markets have won back 50% or more of the fall wave that started at the beginning of the year by now...

Bitcoin Trading Strategy Never Works

Bottom-picking is one of the most profitable plays you can make in trading cryptocurrencies. It's also one of the most difficult times to pull the trigger...

Guide: How To Make Money With Bitcoin In 2021

Bitcoin has been making headlines for over a year, smashing record after record and setting a new all-time high over $60,000. The coin, which rose from virtually worthless...

What Is Sharding in Crypto and How Does It Work?

Sooner or later, you will hear the term "sharding" in relation to cryptocurrency. While it does not necessarily affect trading directly, it does pay to know the technology behind what you are trading...

How to stake Ethereum

Ethereum is switching into a proof-of-stake consensus to allow the network to achieve scalability. Ethereum staking is when people lock up Ether (ETH) for a given time...

FP Markets information and reviews
FP Markets
81%
RoboForex information and reviews
RoboForex
77%
IronFX information and reviews
IronFX
77%
T4Trade information and reviews
T4Trade
76%
Exness information and reviews
Exness
76%
Just2Trade information and reviews
Just2Trade
76%

© 2006-2025 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.