Forex market change?

[Dunamisx]

I have come to notice that forex market changes even as the world changes, and the ability to adapt is another strategy on its own

The changes you are seeing coming with forex trading is not only about the influence received my normal fluctuations, but a reaction being triggered by the financial centralized economy, which is what we should understand more better when it comes to dealing with a decentralized market and a centralized one, maybe we are just getting used to the relevance of cryptocurrency trading and how you can't compare the advantage it has over forex trading.

[Iranus]

The changes you are seeing coming with forex trading is not only about the influence received my normal fluctuations, but a reaction being triggered by the financial centralized economy, which is what we should understand more better when it comes to dealing with a decentralized market and a centralized one, maybe we are just getting used to the relevance of cryptocurrency trading and how you can't compare the advantage it has over forex trading.

Our economy is fundamentally centralized, and the financial market is just one part of that system. We often talk about freedom or decentralization, but in reality, the flow of money is still controlled by government,central bank, and large financial institutions.

Therefore, I do not think the crypto market is separate from the traditional financial system and a decentralized market, as many people still believe.

In essence, the Bitcoin network is decentralized, but its liquidity is concentrated in exchanges, ETF, and investor sentiment depends on and is influenced by cash flow, macroeconomic. The concept of a decentralized financial market does not exist.

[Byebyebtc]

I actually started out trading in forex and was really in it for many years before I started trading my first BTC I definitely found it a bit different, first thing was it used to be a day break, and you could also earn overnight interest, which was a big part of my initial trading (until I realized it was dumb lol).

Must be 10+ years since I left, not surprised if it changed anymore.

Pips!

The market actually do change
My strategy I used 2 years ago is definitely not working in this present market 
I have tried refining, and refining to try to be up to date with the present market, so it happens to be that the market actually changes, although most people might not notice it the way I do since we all have different approach to the market.

[fuguebtc]

People are more into crypto than forex market because it is too manipulative where you would know how the price would react over the next minutes, but I believe that with bitcoin people have began to shift interest to crypto since it’s more understandable compared to the forex. Don’t be surprised that nothing changes but since you do not regularly make use of it you may think everything has changed. Just understand the cryptocurrency market it would help more than that.

Manipulation in financial market is inevitable and it is part of the game. But it would be a mistake to say that the forex is more susceptible to manipulation than crypto, or people prefer crypto to forex.

I guess you have never looked into the forex market. Do you know the daily trading volume in the forex market? If I remember correctly, it was around 7-8 trillion per day, and that figure is from 2022. Daily foreign exchange trading volume is nearly 3 times the market cap of crypto and 5 times larger than Bitcoin’s market cap. In your opinion, which organization or individual has enough power to manipulate it?


Of all financial markets, crypto is the most susceptible to manipulation due to its small market cap and lack of a robust regulatory framework.

[Cyber_warrior]

I actually started out trading in forex and was really in it for many years before I started trading my first BTC I definitely found it a bit different, first thing was it used to be a day break, and you could also earn overnight interest, which was a big part of my initial trading (until I realized it was dumb lol).

Must be 10+ years since I left, not surprised if it changed anymore.

Pips!

The market actually do change
My strategy I used 2 years ago is definitely not working in this present market 
I have tried refining, and refining to try to be up to date with the present market, so it happens to be that the market actually changes, although most people might not notice it the way I do since we all have different approach to the market.

Yeah sure the market keeps changing just the way things keeps changing in real time. The economy is also a huge factors that helps to shift the market change and many more things also do shift the market functions.

So your strategy you have been using for some years now are not working in order just like before, right things like this do occur so we need to be very careful on our risk management because we don’t know the new changes in the market. That why in trading learning never stops and as a trader we shouldn’t get tired or be lazy at all when it comes to acquiring more knowledge because new policies could imply at any given time.

[Dr.Bitcoin_Strange]

I actually picked interest in trading because of forex, which means that I first started trading forex before I finally left it for crypto futures, trading forex before now with those indicators strategy was difficult for me because there were so many indicators taught then and the tutors of that time would just be giving different introductions on how to set the same indicators. I feel it was more complicated then than now, that's my opinion though.

[slaman29]

<>
Must be 10+ years since I left, not surprised if it changed anymore.

Pips!

The market actually do change
My strategy I used 2 years ago is definitely not working in this present market 
I have tried refining, and refining to try to be up to date with the present market, so it happens to be that the market actually changes, although most people might not notice it the way I do since we all have different approach to the market.

What's the main difference do you see? I mean, I'm not going back in just curious. For me it was really just the pips in forex, in crypto that's not necessary because of decimals in crypto.

So your strategy you have been using for some years now are not working in order just like before, right things like this do occur so we need to be very careful on our risk management because we don’t know the new changes in the market. That why in trading learning never stops and as a trader we shouldn’t get tired or be lazy at all when it comes to acquiring more knowledge because new policies could imply at any given time.

What's the latest forex strategy? I know we had bots back in the day that scalp 1 pip, even 0.5 pip, especially with some very shit brokers who updated maybe 30 seconds later than the good brokers. I believe today there's almost no latency.

[Byebyebtc]

<>
Must be 10+ years since I left, not surprised if it changed anymore.

Pips!

The market actually do change
My strategy I used 2 years ago is definitely not working in this present market 
I have tried refining, and refining to try to be up to date with the present market, so it happens to be that the market actually changes, although most people might not notice it the way I do since we all have different approach to the market.

What's the main difference do you see? I mean, I'm not going back in just curious. For me it was really just the pips in forex, in crypto that's not necessary because of decimals in crypto.

Well I do trade forex and the changes are quite significant
Changes like; higher volatility,
More inducements
Market structure changes
And some more I can't remember right now, but the point is that if you're have been trading long enough with one strategy you will come to realise that that strategy will loose its credibility and this present time.

[slaman29]

Well I do trade forex and the changes are quite significant
Changes like; higher volatility,
More inducements
Market structure changes
And some more I can't remember right now, but the point is that if you're have been trading long enough with one strategy you will come to realise that that strategy will loose its credibility and this present time.

Ah ok. Higher volatility I didn't expect, markets usually get less and less volatile with more maturity, and especially now with the latency almost a non-issue, everyone almost hears the same news at the same time, I expect less madness around breaking news. Hence the arb on scalping no longer dominant I think.

More inducements? I think different... Back in the day you could get easy free money just by signing up, no KYC. Now its all kinds of requirements to get zero fees or zero commissions. That was my impression.

[Mpamaegbu]

I don't know who else noticed this but if you did don't ignore it, take a break and try to understand how the markets moves at this point before you start trading again, learning never ends.

This is why sometimes indicators that were initially yielding profit will seemingly become unreliable. Those who don't know will begin to reason that their indicators and strategy are the problem. I remember a few decades ago when NFP and Unemployment rate news used to cause serious spikes. The days of Ben Bernake as Federal Reserve chairman. News relating to finances and economics were seriously volatile then. Now, such news don't move price much again.

[DPHOR]

Crypto market is more understandable compared to forex market, and even though there are people who are currently trading on forex market it would be that nice to use the idea to follow up with the Bitcoin market to trade on exchange as it's more better and reliable than the forex. As I know too well, the cryptocurrency market doesn't have days of inactiveness or days that you wouldn't trade specific coins on the market unlike the forex market that do obeys days and weekends.
Of course, cryptocurrency trading is more better and reliable, easily to study than the forex.

[Plutomanian]

I don't know who else noticed this but if you did don't ignore it, take a break and try to understand how the markets moves at this point before you start trading again, learning never ends.

This is why sometimes indicators that were initially yielding profit will seemingly become unreliable. Those who don't know will begin to reason that their indicators and strategy are the problem. I remember a few decades ago when NFP and Unemployment rate news used to cause serious spikes. The days of Ben Bernake as Federal Reserve chairman. News relating to finances and economics were seriously volatile then. Now, such news don't move price much again.

Learning never ends, we learned literally every day and we're always open to learning new basis of the market because that's where we print quite good amount of profits although losses are recorded but it doesn't mean we're going to stop. These men were powerful in the market and their speech alone trigger action price. It was very Volatile then when the market moved in both upward and downward movement, making it extremely difficult for traders to make the right call despite having to be trading by strategy and principles.

The FX market is for those traders and investors that understands what the term "patience" is all about and they're able to deal with the emotions and losses when it comes at their entry in the market. I've encounter quite strategic traders and I tell you for free, trading is not everybody who thinks they're demi-gods in the market, it's a friend of no man and also a friend to all man.

[Wiwo]

I have come to notice that forex market changes even as the world changes, and the ability to adapt is another strategy on its own

It's seems harder or different, and I had to start learning like I'm new to the market 

I don't know who else noticed this but if you did don't ignore it, take a break and try to understand how the markets move at this point before you start trading again, learning never ends.

Sincerely speaking man, I have never traded on the forex market because I already have background knowledge of the risk involved in forex, the cryptocurrency market is a better option for me, and I am use to it already.

Forex market will definitely keep changing as the year goes by and we shouldn't  e surprised about that. What traders should do is to wake up to the current demands of the time and try to meet the forex demands to keep at profits although very hard in that market due to manipulations.

[Mpamaegbu]

Sincerely speaking man, I have never traded on the forex market because I already have background knowledge of the risk involved in forex, the cryptocurrency market is a better option for me, and I am use to it already.

Oh, I thought you started as a Forex trader.

Anyway, the risk isn't anything different from what happens in cryptos Futures trading. Except you think constantly having to check Forex Factory for scheduled news is any problem. Otherwise, there's nothing different from it and Futures trading.

[free-bit.co.in]

Sincerely speaking man, I have never traded on the forex market because I already have background knowledge of the risk involved in forex, the cryptocurrency market is a better option for me, and I am use to it already.

Oh, I thought you started as a Forex trader.

Anyway, the risk isn't anything different from what happens in cryptos Futures trading. Except you think constantly having to check Forex Factory for scheduled news is any problem. Otherwise, there's nothing different from it and Futures trading.

Forex may even less risky. because at least we are trading assets backed by real economic factors, with abundant historical data to analyze and less manipulation. That makes analysis and prediction more logical and grounded.

Unlike crypto, where the market is often heavily driven by rumor, speculation, and manipulation. Sometimes, just a tweet from someone can shake the market and render analysis almost meaningless.

Forex and crypto trading only differ when we are trading spot, and that is the advantage of crypto.

[Mpamaegbu]

Unlike crypto, where the market is often heavily driven by rumor, speculation, and manipulation. Sometimes, just a tweet from someone can shake the market and render analysis almost meaningless.

Apt!

That's right. I've yet to see a market that's heavily manipulated like the crypto market.

A Trump comment, Putin, just name any person of influence in the finance sector, is enough trigger to shake the market even without any fundamentals from a project's website. This is why anytime Trump sneezes since he became president of the US, the market feels his impact. Cryptos rely heavily on fundamentals, however they come.

[free-bit.co.in]

Apt!

That's right. I've yet to see a market that's heavily manipulated like the crypto market.

A Trump comment, Putin, just name any person of influence in the finance sector, is enough trigger to shake the market even without any fundamentals from a project's website. This is why anytime Trump sneezes since he became president of the US, the market feels his impact. Cryptos rely heavily on fundamentals, however they come.

Crypto remains a highly speculative market that is vulnerable to manipulation due to the lack of a mature regulatory framework. Wash trading is rampant on Cex, market maker falsify trading volume, and a single large buy or sell order from whale can trigger mass liquidations of retail trader within minutes. Not to mention manipulation by politician and influencer, something we rarely see in the forex market.

To put it bluntly, trading future is no different from gambling and most of us are gambler. But many people do not realize that.

[M47AK16]

Crypto remains a highly speculative market that is vulnerable to manipulation due to the lack of a mature regulatory framework. Wash trading is rampant on Cex, market maker falsify trading volume, and a single large buy or sell order from whale can trigger mass liquidations of retail trader within minutes. Not to mention manipulation by politician and influencer, something we rarely see in the forex market.

To put it bluntly, trading future is no different from gambling and most of us are gambler. But many people do not realize that.

If you are talking about small tokens, with low cap, then yeah you are right. But if you are talking about bitcoin, manipulation is not easy, we are talking about billions of dollars moving everyday, so you will not have the capability to manipulate all of that billions, only big government stuff like war or tariffs or whatever has that power.

But if you are talking about some coin with a volume lesser than 10 million dollars, then yeah you would be able to manipulate that very easily, in fact many people actually do it. I was part of some pump and dump teams at telegram that literally made stuff go up x5 and then crash even lower than where we started, so you can have that power with low coins.

[free-bit.co.in]

If you are talking about small tokens, with low cap, then yeah you are right. But if you are talking about bitcoin, manipulation is not easy, we are talking about billions of dollars moving everyday, so you will not have the capability to manipulate all of that billions, only big government stuff like war or tariffs or whatever has that power.

But if you are talking about some coin with a volume lesser than 10 million dollars, then yeah you would be able to manipulate that very easily, in fact many people actually do it. I was part of some pump and dump teams at telegram that literally made stuff go up x5 and then crash even lower than where we started, so you can have that power with low coins.

Bitcoin has a market cap of nearly $1.5T, but its trading volume is only around $20-50B/day. Meanwhile, if I remember correctly, the volume of forex reached nearly $8T/day.

As I said, crypto is highly speculative and its volatility depends heavily on market sentiment. You do not necessarily need hundreds of billions of dollars to manipulate the market. Instead, all you need is to control the crowd psychology.

A piece of fake news or a tweet from an influential person can easily move the market.

Currently, Bitcoin has dropped below $72k, and the reason being cited is that Strategy sold 32BTC. That amount of Bitcoin is insignificant, but as you can see, even a small piece of news can be enough to shift the crowd's sentiment.

[Wakate]

One thing that I am very sure about the forex markets and other markets is that if you are able to make it in the past, you can still be able to make it right now.

That's actually true,
Because what you passed through to get to know how to be profitable at first, is more than what you have to pass through to become profitable again

It's just like fighting the same battle again that you already know how to survive

The forex market has never been the way we were trading it before and it's looking like their are big forces in the market now that is making traders to lose money than what they suppose to be losing. In comparison, the crypto market has been quite profitable than the forex market and that is why we have been seeing so many traders leaving the forex market to use the crypto.