Would you agree trading is a game of probabilities? - page 4

 
willyforex:
Agree with you mate. Typical forex market

The forex is so attractive because of the strong component of betting that is inside each operation.

 

The socio-political events in Turkey and Brazil are having an impact on currencies. This is an unforeseeable event by technical analysts ...

 
elisab:
The socio-political events in Turkey and Brazil are having an impact on currencies. This is an unforeseeable event by technical analysts ...

Those are black swans. Even black swans have their role in TA

 

What’s going to happen tonight from the various chances of the Fed...?

 
elisab:
What’s going to happen tonight from the various chances of the Fed...?

Let's wait and see..

 

Number coming from the Fed…Dollar!!

 
techmac:
Those are black swans. Even black swans have their role in TA

What is happening to the Chinese interbank market looks more like a black swan!What is happening to the Chinese interbank market looks more like a black swan!

 

Since the Forex is a game of chance, the seasonality shows us the high probability of success of a short EurNok in the month of July. Cross down 10 times in the last 10 years.

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Trading is certainly game of probabilities and those who take up the high probability trades will have more chances to win.

 

We an not say any thing sure about forex . All the time we face aan uncertainty .We have to cope with this situation to get our goals .We do work onestimations that now market will move to this side. Some times our probililites are not right , Good amalysis helps to determine the trend .