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Why day-trade currencies?

  #4 (permalink)

Budapest, Hungary
 
Trading Experience: Advanced
Platform: Windows 95
Favorite Futures: YM
 
Yuri57's Avatar
 
Posts: 286 since Feb 2013
Thanks: 72 given, 107 received


iqgod View Post
If thought of this way I believe every instrument is 'complex'.

I am a firm believer that 'they' who know and who are capable of significantly moving the markets usually know what they are doing (though sometimes they may be wrong too), and what we are actually trading in a market are other traders and not the underlying.

So instead of analyzing the fundamentals as you are attempting to, why not those who are better equipped financially and technologically do that and why not simply analyze to recognize their footprints and act in tandem with them rather than against them?

Would this not be a better method?

What proves your theory is valid?

How do you trade it?

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