unpredictable! - page 2
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Forex market is not unpredictable! However it is not a child's play.
You can forecast and trade the market with some sort of probability.
However; you need to first test specific patterns. I use Elliott wave patterns to trade and forecast the market.
Each Elliott wave pattern has its own winning %.
For example, Ending diagonal triangle pattern offers 80% success rate. This means, out of 10 trades, you could win 8 times and lose 2 times.
It is not that much easy as it may seems as I am using Elliott wave since year 2005. A trader needs to first get proper education. Next he needs to do some practice to gain trading experience.
Fact: 90% traders do not have proper education and training. Due to this reason, they only lose money. They think Forex trading is difficult and unpredictable!
Here is my USD/JPY sell trade using Elliott wave ending diagonal triangle!
Yes Forex is a Unpredictable sometime but often we can predict it right and can go for profit to earn. Also we should always do some right decision to invest in forex.