How and Why Forex Prices Move (currency market / foreign exchange rates}
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- Опубліковано 11 жов 2016
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Price movements are what we try to profit from in the forex markets, but what causes these prices to move in the first place? It's important that you understand the way the markets work so you can build your trading knowledge and see how things connect.
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#Forex #ForexTrading #Currencies
lmaooooo whod u get to impersonate Morgan Freeman??????🤣🤣🤣🤣😂😂😂
This is by far one of the best videos ive seen, so well explained! Subbed!
This is the best explanation of the forex market I've come across.
Really good explanation while also keepin' it real :)
Brilliant, thank you.
after spending hundreds of hours searching for machine learning tips, your video is the most hilarious thing ive stumbled upon in the last 3 weeks
Glad to have lightened up your day a bit! What were you researching about machine learning? Interesting area.
- Nicholas
Thanks man for sharing
This video made me change my outlook on BOptions and forex. Thanks!!
you're welcome. Glad it helped!
Great channel very informative.
He deserves to be a Mentor I literally now understand this topic
LOL you're so funny I love that humor! Makes learning easier, thanks for your sharing 💖
Hello Which movie was this from which the Comic footage is taken .
Nicholas... You make this channel fun. Always looking forward to your "edutainment". Cheers to you.
Edutainment... I like it! Thanks James, glad you enjoyed it.
Great vid, just subbed. So basically the forex market is all apples and oranges and the NZD is 🥝. Got it.
love this guy
This deserves a trillion views!!
really clear
Purest comedy iv seen in a long time!!!! omg thank you!!! LOL
Then whts the truth?
Thank you for the extremely direct delivery of knowledge! It is much appreciated!!!
Great videos Nicolas! Only found you other day and getting through your vids fairly swift :) Are you a day trader yourself? Is forex your focus point?
Cheers Jonathan, glad you found us! Yes I'm a day trader, although technically I would consider myself an investment manager. My main focus on the channel is forex. In terms of my own trading, short term trades are usually forex, long term trades are balanced across multiple assets.
The Duomo Initiative - Learn to Trade What is your best strategy for forex? What time candles do you prefer or think is best if your in and out in one day?
I don't have a single best strategy, we believe in approaching trading as a skill rather than a strategy. So I guess you could say it's a range of strategies or approaches used depending on the context/situation - overall what we call a 'method'. If you stick with us for a while you'll soon start to pick up on it all, particularly from the weekly technical analysis videos starting again at the end of this week.
In terms of best candles for intra-day, I predominantly use 5m with 15m and 1h supporting.
Price move in fx market based on supply and demand but in the fx trading market we don't actually buy or sell. We just take the position buy or sell. We dont deliver those currencies. So how the price in ECN match in spot fx market? Can sb explain to me? Plsss.
What is happening when only Ask moves (vibrates) and when only bid moves (vibrates)? What is happening when they both move?
very knowledgable awesome
hahahah the Colin Farrel part killed me.
Nice video man! First year finance student here and your video's help quite alot, keep it up
haha thanks buddy. I'd be interested to hear what areas would help you more. We are doing a lot more lessons and free courses in topics relating to finance/economics/accounting etc. but from a more practical point of view. So it would be a great insight for us to know what areas a student like yourself would like more help with.
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This video was absolutely AMAZING!!
Thanks Nick
Can you make a video about who determines the price of a currency? Also how they determine the price? How do they all agree on the price since it decentralized? I did some research and found nothing.
they want us in the dark mate, I've also been searching and found nothing.
Algorithm
Nicky, if I decided to trade in 5 min time frame, how many more times frames and which ones should I analyse before? (15, 1hr...) and if traced lines and significant levels or trends in superior time frames, I also should do this in the 5 min time fram that I trade?
You should definitely analyse 5 mins and then I would look at 15 mins and 1 hour at the very least. You should also have an idea of what's going on in the wider picture (e.g. daily etc.)
Great thanks. But if I trade in the 5 min chart, I should draw trend lines and significant levels and support and resistance zones, in the 5 min chart or in the 15 min, or 1 hr chart?
resistance and support keeps on changing so you should analyse 5 min charts.But its a small time frame so you may look for 15 min.
In my experience, 5 minute charts used for detection of certain candle patterns can easily give false signals except for pairs that are very volatile. For example, GBP/JPY and US500 work pretty well with 5 minute charts. That combined with support and resistance levels at the one hour charts.
yo man, i really appreciate these informative and high quality vids as a beginner forex trader here in the states. i hope your channel expands and keep makin' them 👌🏾
Thanks, really appreciate your comment. Glad you're finding the videos helpful and hopefully you're seeing good progress too!
Ive recently opened a demo account where i trade in CFD's. Is it the same as binary or better? There is FOREX in there so was just wandering if it's something u would recommend or should i stay away?
CFDs and Forex are both fine to trade with
The problem with Binary options is that the risk/reward is sh*t. You have so much more possibilities for a good risk /reward ratio in straight Forex. Study risk/reward and fully understand it, it's the key to success. Not win/loss ratio.
Could you please make it more detailed and explain the part of central banks and other big institutions?
Why does the currency drops if the suppliers provide supplies, it should be goes up because they will earn money and their currency goes up. Will you explain this to me, Mate. I'm a newbie trader?
😂😂😂😂👏👏👏. Take a bow, on screen with a legend and morgan didnt look out of his depth!!😉
haha! He had to pick up his game a bit... his voice was all over the place
Can you do a video on COT
wooow this intro...looks like you have time on your hands🤣🤣🤣🤣😂😂😂
No I think you are wrong about the Interest rate shift affecting the market...when interest rate is increased it means production will be slowed leading to a devaluation of the countries financial asset being that production is slow investors see the economy as week so demand reduces...
Higher interest rates mean higher interest being paid into whatever interest bearing asset you're holding right? It can look attractive to a foreign investor. They might buy the currency and invest in the domestic market which will make the currency appreciate.
But if the interest rates increase, then that causes the economy to decelerate, so that should bring the currency value down (since you mentioned that currencies generally follow the economy).. I am a bit confused :-|
Not necessarily; a lot of economics is situational. So in a situation where you have an accelerating and expanding an economy, increasing the price of borrowing ahead of time to preemptively avoid inflationary fears will instill a lot of confidence in the nations economy and currency. This increased borrowing rate also means rich lenders (the people who move money into these markets for risk free returns on interest) have more incentive to invest in said currency and it’s outstanding debt.
I still don't quite get it. Lets say the whole Forex consist of 100 people, if 60 people are buying, 40 people are selling. The price would go up correct? In another situation, there are 90 people buying, 10 people selling, this would make the price go up higher right? Does this mean 90% of the people made profit and 10% lose money? Does this mean 90% of the winner get money from the 10% loser?
Sorry, somehow only just noticed this comment (UA-cam comment system isn't great for channels).
If we take market makers out of the picture for now (you will understand them later on). You need one party on each side of a transaction for it to take place. If there are 60 people buying and 40 people selling, it would depend on how much each side are buying or selling. If they are all dealing with 1 lot each, there can only be 40 transactions - 40 people are selling so only 40 can buy. In which case, demand is exceeding supply.
In this situation you have to separate the transaction from the actual profit/loss. A transaction is just a transaction, there is no profit or loss there. The profit or loss will depend on what price the person selling had originally paid.
Jason Ding cant be 90 sellers and 10 buyers. Buyers and sellers are always equal just depends on the price they are willing to buy and sell at because it takes 2 to tango or a trade cant happen
funny because the orange apple you gave is just facts for right now
You are amazing man hahahahahaha
market up = see the buyers= buyers in market down,, market down = see the sellers= sellers in market up
Ahahahahahahahahahahahaha you're hilarious bro!
haha thanks buddy!
Please do crypto also like Bitcoin
Lol 😂😂😂😂
hahah how did you do that Morgan Freeman voice over?
What do you mean voice over??? That was a real life documentary!
You look like zac efron
I have the time
I have the same 2 LG Monitors :D Hu hu :)
LMFBO
I think you’d look much better in beard 🧔
i wanted to ask how do forex brokers make money? I know BO brokers make money from losers? is this the case with forex?
There are mainly 2 models forex brokers use for making money. Typically the main way is to make money from the 'spread' (the difference between the buy price and sell price). This is how you want you broker to be making money. The second option is when the broker will b-book their clients trades. Since they know most traders lose money, they will be taking the opposite side of your trades. It's easy to avoid these sort of brokers though, just make sure you're transacting directly in the market. You want to make sure your broker is on your side, not against you.
Do you know any Forex brokers that offer this that make money from the spread? Which is a good forex broker out there?
number only 0 to 9,,, learn the number
Hahahaha! Hilarious bro lol
dude youre so funny, thanks for the video.
Ha thanks Terrence, glad you liked the video. Appreciate you watching.
hahaha this was hilarious
hahahahahaha dude,dammm this is so funny
binary: buy or sell and if the graph is in your favour, well good.
Forex:buy or sell and if the graph is in your favour, well good.
what's the difference
fixed return for a start.....and the fact that binary brokers win when a punter loses (and i use the word punter on purpose)