Forex market is an unpredictable

O

Oscar_0

Member
#1
#1
Forex market is an unpredictable market. But even after that you can predict some movements if you know the art of technical analysis of forex. Forex trading is not about being 100% correct. It is risk reward ratio. Your winning trade should be more than losing trade if your risk reward ratio is 1:1. People select their risk reward according to their ability to trade.
 
S

stoch

Active Member
#2
#2
Oscar_0 said:
Forex market is an unpredictable market. But even after that you can predict some movements if you know the art of technical analysis of forex. Forex trading is not about being 100% correct. It is risk reward ratio. Your winning trade should be more than losing trade if your risk reward ratio is 1:1. People select their risk reward according to their ability to trade.
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I completely agree. The forex market is inherently unpredictable, but with technical analysis, traders can identify patterns and trends to improve their chances of success. Trading is not about being right 100% of the time—it's about managing risk and ensuring that, with a proper risk-reward ratio, your winning trades outweigh your losing ones. A balanced risk-reward ratio, such as 1:1 or higher, combined with effective strategy and discipline, can lead to consistent profitability over time. Each trader should adjust their risk-reward ratio according to their comfort level and trading style.
 
F

FXO_trader

Member
#3
#3
I think that forex is not very predictable, it is possible to predict potential price movement, but there is always a chance that this forecast will be incorrect and may change under the influence of unexpected events.
 
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billi

Member
#4
#4
Forex or any other trading business is related to making proper market analysis including the fundamentals of underlying assets and their performance. I guess those who make proper analysis can predict the market however they can be wrong in their analysis and its fine in my opinion since experience comes up with spending time and efforts.
 
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