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Would you agree that forex is all about probability?

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Tonny Obare
29027
Tonny Obare 2015.06.09 15:29 
  • 63%
    (62)
  • 37%
    (36)
Total voters: 98
Izzatilla Ikramov
13029
Izzatilla Ikramov 2015.06.09 16:45  
No. I do not think so. Tendencies go on, in most cases. 
Alain Verleyen
Moderator
30727
Alain Verleyen 2015.06.09 18:03  
I answered yes. But I think you should include statistics.
Dennis Kirichenko
11320
Dennis Kirichenko 2015.06.09 18:06  
My answer is yes! Unlike of gambling, where the statistical advantage belongs to the casino.
Ovidiu Caslariu
7846
Ovidiu Caslariu 2015.06.09 18:09  
Games are played and politics are maneuvering the money.
Young Ho Seo
15828
Young Ho Seo 2015.06.09 23:07  
Nope.....definitely not.
Roberto Jacobs
46450
Roberto Jacobs 2015.06.10 05:15  
I answered Yes, but all probabilities can be analyzed based on statistics.
Ronnie Mansolillo
5493
Ronnie Mansolillo 2015.06.10 09:53  
Probability sure is included but Forex isn't "all about probability"
Marco vd Heijden
Moderator
4692
Marco vd Heijden 2015.06.10 10:20  

Then what is it about more Ronnie ?

Please specify.

Ronnie Mansolillo
5493
Ronnie Mansolillo 2015.06.10 10:52  
Marco vd Heijden:

Then what is it about more Ronnie ?

Please specify.

Probability is fully related to CFD, so similar to a bet.  For the Forex market there is no unique way  to calculate the probabilistic scenarios in a uniform manner for the generality of investors.


Tonny Obare
29027
Tonny Obare 2015.06.11 12:07  
Take for example the moving average cross strategy. When MA1 crosses MA2 upwards you buy and when MA1 crosses MA2 downwards you sell but then its never 100% winner. So wouldn't it be correct to say that the trader buys because when MA1 crosses MA2 upwards there is high probability that the price would go up and on selling its because it is believed there is high probability that the price would go down if MA1 crosses MA2 downwards?
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