How often does the market change?

Nov 30, 2015 at 08:11
1,927 Views
28 Replies
Member Since Nov 23, 2015   5 posts
Nov 30, 2015 at 08:11
Hi all, I am learning forex right now and I am wondering how much does the market change year to year. If I create a bot that gives me 100% return over the last 12 months with very little drawdown is that good enough to implement it? I ask because I am trying to build a strategy right now but I am testing it over many years of data. What I find is some years are amazing, some are horrible, others break even. I can tweak things to get an overall positive result but then I am left with long patches of little to no growth and the great years are only Okay.

So I guess what I am asking is how much effort should I put into building a strategy that beats and market for the past 10 years? Or is it best to find what works now(past 12-6 months) and be ready to develop something new if the market changes?

Example: If you found out that for the past 6 months 85% of long trades placed at 5pm New York time turned profit would you roll with that? Or ignore it, as it didn't work 7+ months ago.
Member Since Sep 06, 2013   137 posts
Nov 30, 2015 at 11:00
The market is always changing - Thats why theres no EA in the world with confirmed great live account performance that spans more than 12 months.

Youd be better off taking the time to learn about what moves the markets outside of the charts. I.e. Fundmaentals - use them to choose pair and direction on any given day and then use a technical method to manage that decision.

HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
Member Since Sep 12, 2015   1948 posts
Nov 30, 2015 at 21:26
Read my posts if your interested in Eur/usd .

Regards
"They mistook leverage with genius".
Member Since Nov 23, 2015   5 posts
Dec 02, 2015 at 08:08
Are there benefits of doing fundamental analysis if you trade on low time frames. Say 1hour or even 5minutes? Can you really tell the direction of a single day from fundamental sources? I understand how watching interest rates, employment numbers, inflation, etc, can give you a good idea of where money is going in the market longish term. However I don't know of any sources that can tell you the direction of one particular day. An hourly chart can trend down for days in a weekly uptrend. Unless you are talking about trading news releases I'm confused how fundamentals affect very low time frames with enough accuracy to trade on. Sure you could trade with 200+ pip stops but then you are basically trading the Daily charts while looking at the hourly.
Member Since Nov 19, 2020   104 posts
Nov 25, 2020 at 09:23
It keeps changing mate.
Forex market is too volatile, so can never predict its movement perfectly.
Member Since Nov 17, 2020   23 posts
Dec 28, 2020 at 04:46
The market is quite volatile and it keeps changing from time to time. There are a number of factors that influence the changes.
Member Since Dec 28, 2020   25 posts
Dec 28, 2020 at 07:46
The market changes periodically because external factors really influence it.
Member Since Nov 23, 2020   46 posts
Feb 02, 2021 at 10:34
Every day there are some events that affect the market in one way or another, and in order to be aware of this and how to work on trading, I am guided by analytical reviews from Amarkets.
Member Since Nov 19, 2020   104 posts
Feb 08, 2021 at 05:49
forextrader777 posted:
The forex market is highly volatile in nature. So, you must be prepared with strategies for different market situations.
That's right, one should have multiple plans, we never know what the market throws at us.
Member Since Feb 04, 2021   31 posts
Feb 09, 2021 at 08:20
Market is unstable, there is no particular time for it to change. However, one must do a continued research to know the current market state.

Member Since Jul 20, 2020   298 posts
Mar 11, 2021 at 01:35
Risk management is very important. If a trader cannot maintain risk, he will never be able to make a consistent profit.
Member Since Jul 23, 2020   869 posts
Jul 10, 2021 at 01:46
Market change continually. Try to keep up to date with the market.
Member Since Nov 23, 2020   46 posts
Jul 10, 2021 at 04:55
The market is constantly changing, there are just certain days, events that give big fluctuations.
Member Since Mar 16, 2021   477 posts
Aug 05, 2021 at 01:26
No one can say when the forex market will change. However, supply and demand depend a lot on it.
Member Since Jun 29, 2020   13 posts
Nov 19, 2021 at 14:11
If we speak about trend changes, then it happens couple of time per week. Here we have to take into account timeframe which we're going to consider. If we look at them 15m timeframe, then we can state that trend changes couple of time per week. If we look at M1 timeframe, then trends change there couple of time per day.
As for the global timeframe like D1, then trends can keep their position up to half of year or the whole year. As for the whole market, then it rarely changes its direction, only in case of serious situations like it was with covid-19 pandemic in the very beginning.
Member Since Mar 28, 2021   617 posts
Jun 30, 2022 at 14:42
There is no specific horizon to which a trader should earn knowledge. So, traders should grow their knowledge by reading e-books, video tutorials and considering other related aspects. Traders should take these issues under their considerations and refine their trading strategies regularly.
Member Since Aug 05, 2021   401 posts
Jul 14, 2022 at 16:21
Like everyone else here, I would say that the market changes constantly. However, I noticed your post is from 2015, so I'm curious to know if you took this information and implemented it? Did you have success?
Member Since Jul 13, 2022   32 posts
Jul 29, 2022 at 09:02
The market is changing more frequently, and one must keep a close eye on it in order to fully understand it.
Member Since Apr 09, 2019   538 posts
Aug 05, 2022 at 12:34
Depends what you mean by 'change'. The markets go through quarterly shifts and seasonal tendencies can be used to see how these generally play out.
If you can't spot the liquidity then you are the liquidity.
Member Since Aug 17, 2022   39 posts
Aug 25, 2022 at 05:56
Forex market is the market that fluctuates within a span of seconds, it keeps on changing so either you will earn or lose will totally depend on your skills to close trade at the right time at right price.
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