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Old 24-01-2004, 05:59   #11
mishak
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forex market

Well, Forex market is not so young. It is just no so well known in North America. The drop from Nasdaq 5000 made some poeple to buy real estate, some others moved to forex.

The market is not so easy manipulated by powerful individuals. Of course, one never knows what to exprect from some ZAR/BRD.
Major are very smooth, BoJ for example warns two weeks at least before intervene. Public speeches are usually scheduled, so you may stay out of the market (or "bet" on some outcome).

About analysts.
Me, personally, I do not listen to them, they distract me from my own ideas. Sure they may say whatever ...
Better time to read closing day remarks to find out the market sentiment for the passed daya and to put some labels on big market movements.

Take care and have fun
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