Vermilion1 posted:
We can’t really say the market is changing but the market conditions keep on changing. Experienced experts can predict such major market changes to a certain extent. Still, the best thing to do here is always being prepared to modify or switch up your strategy as and when needed.
True! Market conditions change every minute but no one can predicts the market 100% accurately.
True! The Forex market is an ever changing market and in order to cope with it traders need to have a flexible trading approach and adapt accordingly.
Sep 26 2022 at 09:25
The market is constantly changing. There is no predetermined pattern. Learn to analyse the market so that you can predict the market's next move.
The market changes constantly. Even sometimes I believe that the saying “Change is the only constant” was made in regards to the foreign exchange market.
The forex market is highly volatile, as being a global market, a lot of factors around the world seem to be affecting the currency pairs.
There’s no specific time to change the strategy. If your present strategy is not working out for a period of 3 months, it is high time that you change it. Usually, if a market fluctuation is temporary, it gets back to normal conditions within 2 weeks to 1 month.
The forex market is highly volatile, as being a global market, a lot of factors around the world seem to be affecting the currency pairs.
There’s no specific time to change the strategy. If your present strategy is not working out for a period of 3 months, it is high time that you change it. Usually, if a market fluctuation is temporary, it gets back to normal conditions within 2 weeks to 1 month.
Nov 26 2022 at 10:48
Maintain time frames while market analysis and trading.Its way more important for beginners because beginners can’t trade for a long term and so they should trade based on short time frame.
The market changes a lot., whether any big or small event is happening around the world. That's why is advised to have a close eye on the market events while trading.
Nov 28 2022 at 12:41
While not a cut and dry thing the markets often experience quarterly shifts. It is worth checking these and checking seasonal tendencies to spot when these may be impactful.
If you can't spot the liquidity then you are the liquidity.
The market changes very frequently. The knowledge when to change your strategy according to market conditions comes with experience. But I must say to beginners that when you cannot find the right price range or favourable condition for your strategy to make a profit, for at least a maximum of 3 months, it's time to make changes and modify your strategy. Even after modification, it is better to run it through a demo account for a few weeks as it will give you an idea how the strategy works with the present market condition.
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