How does the forex market move?

[YaRazzaku768]

As a retail trader ( speculator) we needs to know how the FOREX market moves to make consistant profit. So far I learnt the Forex market mover are the central banks, hedgers etc called as "BIG boys". If we can understand how they operate their trades, when they operate or what are the footprint of their trades then we can be a good profitable traders. To know the big boys characteristic I furnished below the following questions:
1. How the market moves?
2. How big one needs to be to just influence/ control the market?
3. Do big boys incur losses or they always make profit?
4. is making money easy for them? if yes, they how they trades? What are their strategies?
5. How they place order ( limit order) and what are the volume?
6. What are the footprint of their trades?
7. How frequently they trades?
8. What are their currency pairs? Are they limited with any pairs?
If Dalel or any body answer the above questions will be greatly appreciated.

 

[Castlemain]

He who can answer these has the Holy Grail!

What I do know is that the banks control this market, and the big boys (hedge funds) have to play to their tune. Their orders are in the billions, so they can only execute their trades through the banks (rather than the retail broker minnows). These orders are executed when the banks open, and most of the orders are placed when Europe wakes up. This is why prices tend to take off during the European session, or the London Open.

This is why, as Forex traders, we have to place close attention to price action during the Asian, London and NY sessions.

 

[tjenarvi]

As a retail trader ( speculator) we needs to know how the FOREX market moves to make consistant profit. So far I learnt the Forex market mover are the central banks, hedgers etc called as "BIG boys". If we can understand how they operate their trades, when they operate or what are the footprint of their trades then we can be a good profitable traders. To know the big boys characteristic I furnished below the following questions:
1. How the market moves?
2. How big one needs to be to just influence/ control the market?
3. Do big boys incur losses or they always make profit?
4. is making money easy for them? if yes, they how they trades? What are their strategies?
5. How they place order ( limit order) and what are the volume?
6. What are the footprint of their trades?
7. How frequently they trades?
8. What are their currency pairs? Are they limited with any pairs?
If Dalel or any body answer the above questions will be greatly appreciated.

simple answer:
1. footprint ? supply and demand in the chart

2. how they trade? support and resistance trading, the price is the king, it's the mother, it's the president

 

[TheForexGuy]

I've got no clue how the banks or hedge funds trade.

There are many people who claim to have secret bank strategies and try sell them to you, when you think it about for a second you know how stupid that kind of pitch sounds. The banks, or major hedge funds wouldn't allow that sort of information to leak out - I am sure all they employees sign their soul away to keep their mouth closed.

If you did happen to come across a hedge fund's, or bank's strategy (meaning you stole the information), you wouldn't go into the internet and start a website to sell it). If you ever see the words 'secret big bank strategy' or 'learn how the big boys trade' sales pitch - close the website and move on.

Hedge funds are independent of one another, same with banks - so they are all going to have different systems and ways they operate in the market. Remember - they are all competing among themselves. There is no -one- bank or hedge fund strategy.

Banks and hedge funds are also run by human beings - who are susceptible to the same emoticons we are. Check out this hedge fund manager who 'blew the account'...

http://www.zerohedge.com/news/2015-...nths-tells-investors-he-sorry-overzealousness

The questions you're asking are not going to improve your trading. If you want to see the 'footprint' of big money, you need to learn to read the COT report - which unfortunately lags by a few days.

One look at the cot report and you will actually see that commercial companies are the ones putting the big money into the market.

 

[davidson333]

The foreign exchange (forex) market is dominated by financial/speculative transactions rather than commercial transactions. Of financial transactions, it’s dominated by trades in currencies themselves rather than portfolio flows.

 

[stevenchin]

If you are seeking websites to trade in a CFD market and looking for recommendations, FXB Trading is the place to go to, particularly if you are a novice trader. It is essential for beginners in the trading market to gain proper understanding of the economic trends and latest occurrences and FXB Trading prepares them adequately

 

[rakhi]

Every financial market moves based on supply and demand. If more traders want to buy a certain stock, commodity or currency than there are those willing to sell, then the market moves up in price until those buyers are able to buy.

 

[gauri]

Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world's currencies trade.

 

[rakhi]

Every financial market moves based on supply and demand. If more traders want to buy a certain stock, commodity or currency than there are those willing to sell, then the market moves up in price.

 

[Ali Raza]

We know well there are hundered of fund mangers and banks put their trades with puting huge money in forex they are actuly providing moves in market
They are interbanks and and stokers.
We are small traders we need to see deeply in chart as dale use chart and he make forex esy for us doing lot of work and experiance