how prices move-1

Most novice traders fail to understand how and why prices really move.

Here we will give you an introduction to how and why prices move and how you can take advantage of these movements for profit. Let’s look at some key points in relation to how and why prices move.

Markets Do Not Move To a Scientific Formula


Firstly, let’s get rid of this myth.

Many traders believe this and numerous vendors on the net perpetrate the myth of markets moving to a scientific law which appeals to the greed and naivety of traders.

Common sense tells us that markets don’t move scientifically:

If markets moved scientifically, there’d be no market as we’d all know the price in advance!

A forex market by its nature, involves uncertainty - that’s what makes a market move - the fact that human nature is un-predictable.