FXGroundworks
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The main thing that makes the market go up and down are peoples emotions. People will “feel” like buying or selling a currency pair and when that happened supply and demand kicks in. Of course news does make the market go a little wacky sometimes but remember it’s the peoples emotions to the news which causes their reaction to buy or sell. News is one of these, world disasters are another (like earthquakes etc). The state of a countries economy (like news on Greece at the time of this writing). All of these are which triggers peoples emotions and thus causes the market to move.
Patricia12
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I am agree with FXGroundworks's view. News plays great role in driving forex market, emotions comes at second. If traders get any negative news about particular country or currency then try to sell them in fear of market down for that currency. The example of "Greece" shared by FXGroundworks is prove of it.
scose-no-doubt
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not really
Forex market is a huge market with many players.
we can see ups and downs of forex due to many reasons, like economic indicators of different countries, gevenrment interventions and investors' behaviours.
however, the ultimate reason, and the main things to drive the market are mainly the following, i think
1. there are various countries in the word
2. different development model and different economic growth
3. global trade expedite the exhcange of the major currencies.
4. the problem with the fixed rate leads to the fluctuate currency rate.
we can see ups and downs of forex due to many reasons, like economic indicators of different countries, gevenrment interventions and investors' behaviours.
however, the ultimate reason, and the main things to drive the market are mainly the following, i think
1. there are various countries in the word
2. different development model and different economic growth
3. global trade expedite the exhcange of the major currencies.
4. the problem with the fixed rate leads to the fluctuate currency rate.
Bint_Crusher
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Bugger all that anyone on this forum contributes
jiggly
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In a nutshell it is the psychology of the crowd excercising their own personal reasons to buy or sell.
what contributes to this? everything and anything.
scose-no-doubt
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not really.
Bint_Crusher
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scose-no-doubt
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no, not really.
Bint_Crusher
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jiggly
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please contribute to this thread in a positive manner and tell us what it really is then.
Bint_Crusher
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Try informedtrades on youtube informedtrades - YouTube . They have a a good few lessons on what moves and stagnates the market.
scose-no-doubt
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Bint_Crusher
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scose-no-doubt
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I went to this thing with ben broadbent and he had some interesting ideas on exchange rate elasticity and export/corporate activity. All very interesting really.
One perception I refuse to subscribe to though, is that FX is affected by market psychology in the same way as ES for example. FX markets have a completely different purpose, function and set of players and I really can't see it.
In summation... not really.
All imo of course and I'm sh*t/lazy/scared/poor remember so what the hell do I know?
One perception I refuse to subscribe to though, is that FX is affected by market psychology in the same way as ES for example. FX markets have a completely different purpose, function and set of players and I really can't see it.
In summation... not really.
All imo of course and I'm sh*t/lazy/scared/poor remember so what the hell do I know?
thewhizkid
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Global banks and news I assume.
thewhizkid
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roflmao
What drives the market, like any other markets, is the impact between the buyers and the sellers. The big players (institutional) control 80% of the trading and self traders are about 20% of the volumes. What happens in bad or positive news? There is not a formula for this but obviously that extreme news can drive the markets crazy.
