Are you forex trader? And to succeed as an intraday trader? Here i will give u some strategies and some free signals for i(nt)raday trading. From classic and renegade strategies .. with a lot of practices, you will see how to keep a cool head and manage risk while you buy and sell your positions

Monday, May 10, 2010

Opps,, How can the Forex Rates move?

I know.. many trader outside there .. do not know,, how forex rates move? Actually Rates are determined by supply and demand. Rates will move till they find the equilibrium price. Economic news could come into the market and effect the demand and supply and move the trend till buyers and sellers can agree to the equilibrium price. When the exact price found, rates will tend to stay stable and this will make market sideways,,, till another piece of news enters the market and make the changes of demand and supply. Fundamental news, economic data, natural disasters, politic events and market sentiments will affect demand and supply,, and this all will make forex to move.

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