Then we agree that the market is not a random walk, and therefore it can be traded profitably with consistency. If you are saying that trading is complicated and hard work, I would agree with that. But, that wasn't the question here right? We were ...

Forex is random

You literally said you believed it was random. Now you are backpedaling I see? lol.

Forex is random

Ask yourself why you cannot figure out a way to profit from market moves. If markets reflect supply and demand that is not random. Just because you cannot predict when it happens does not make it random lmao. Do you even read what you are writing? ...

Forex is random

I don't get why it's so hard for some people to understand this very basic concept of economics....

Forex is random

You have not proved anything. You just ignore facts and spew bs.

Forex is random

If I had to say, I would say that yes, future price is dependent on past price. Because past price effects the decision making of market participants. The price is a reflection of the agreed upon belief of VALUE to investors. You are acting like the ...

Forex is random

Again dude. It is not about belief. It is about facts. The fact is that the Market is ALWAYS biased. Not occasionally. It is always biased either to the upside or to the downside. The bias is not always clear, in fact more often than not it is ...

Forex is random

Well, at least you understand that is just an opinion. I don't see why you would choose to believe such a thing without proof, but you are entitled to believe what you want. I am not personally attacking you, and I hope that you realize this type of ...

Forex is random

Prove that OIL decreasing in value due to COVID and other factors is random. Or the correlation between the Canadian dollar and OIL, the NOK and many other currencies is random. Prove that the Australian dollar steadily declining over the past few ...

Forex is random

What is your opinion? That Forex is random? If that's the case then as I stated before the burden of proof is on YOU. You are going against the very definition of what the Forex market IS, what any market IS. My opinion or yours is irrelevant. The ...

Forex is random

BWilliam, do you even have an opinion? Or are you just quoting Hanovers comment because you cant add anything of value yourself? Honestly I am not trying to be rude to you, it just seems like you are very confused. Hanover's comment does not prove ...

Forex is random

So let me get this straight. Your response to my comment is a link to another thread about Forex being random? You still have not proved anything to anyone. You are just trolling at this point. The only thing that that guy in the video is proving is ...

Forex is random

Honestly the only point here that any of you made is that. "Forex trading is really hard to profit from". I think that is what you all are really trying to say. Stop making up theories, and focus on why you even want to believe these theories. It is ...

Forex is random

adjective adjective: random 1. made, done, happening, or chosen without method or conscious decision. "a random sample of 100 households" The market does not move without method or conscious decision. Every order that is placed is the result of a ...

Forex is random

I have already. If you go back and read my original posts you will see my points on why it is not possible for Forex to be defined as a random walk. Basically, Forex is a marketplace, that moves based on perceived VALUE between buyers and sellers. ...

Forex is random

The imbalance is in PRICE, or perceived value. So really it doesn't matter if there is equal lots on both sides, the value of those orders differ. Which equals the same result as having an imbalance or buyers vs sellers. This imbalance is what ...

Forex is random

No. There is not an "equal amount" on each side of every transaction. There is always in fact, an imbalance of buyers vs sellers which is what causes a market do increase, or decrease in value. If there were equal amounts on each side currencies ...

Forex is random

Here is a way to prove if Forex is random or not. Take a basket of currency pairs. For example all USD crosses. AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY. Look at the Hourly trends of them, determine whether they are a) In a downtrend ...

Forex is random

[quote=axecap;12864764] Forex is not a game, therefore game theory does not apply to it. I know what zero sum game means, I am saying that it does not apply to Forex. Also, if you are not saying that Forex is a zero sum game, does that mean you ...

Forex is random

I hate to sound like a broken record, but what is your point? That first article is referencing STOCK trading. And the second is referencing hedge funds.... I only spoke on institutional trades in my previous post in regards to profitable trades. ...

Forex is random