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Re: Forex as a system... Who benefits? What internal rules exist in FX?
Hi TraderABC,
I had just put my view of thinking. I have no intention to confront you.
I would like to convey some of my points I mentioned earlier.
Again this is just my opinion...
Forex market is not manipulated and can't be manipulated if you are doing with genuine brokers. All news and major events influence the minds of traders to react but it is not guaranteed that the mass would react the same way for similar events. That is why Psychology plays a good role in trading.
All indicators developed show how the market is reacting for the recent events and it helps traders to decide whether it is the right time to enter or exit and to be on right side of the market.
I'm not experienced to answer all your questions and absolutely no offence intended.
Shan
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