Hey,
im in forex now for several years and in the end everything falls mostly because markets are ranging and not trending.
I already heard the phrase several times, that markets nowadays tend to range more than actually trending.
Why do u think (if its true) it is?
Also what makes markets really trending?
In Theory, a currency pair trends if Currency 1 is weaker than currency 2 and vice versa. depending on the gaining/lacking strength
of the compared currencies the pair trends more or less.
i just try to figure out how to determine to eye out which pair at which time in order to find trade opportunities.
do you think COT or CB Interest rate helps?
im in forex now for several years and in the end everything falls mostly because markets are ranging and not trending.
I already heard the phrase several times, that markets nowadays tend to range more than actually trending.
Why do u think (if its true) it is?
Also what makes markets really trending?
In Theory, a currency pair trends if Currency 1 is weaker than currency 2 and vice versa. depending on the gaining/lacking strength
of the compared currencies the pair trends more or less.
i just try to figure out how to determine to eye out which pair at which time in order to find trade opportunities.
do you think COT or CB Interest rate helps?