It Is Impossible To Make Money With Forex, Am I Right?
It Is Impossible To Make Money With Forex, Am I Right?
Fundamental analysis does not work, because if there was an advantage, then everyone will buy / sell currency at a price advantage means nothing.
Forex simply is not a zero sum game. This is a negative sum game when you add in brokerage fees.
No-one, not dealers, major banks, even the experts can not predict when the market is going.
All markets, including forex, are too efficient for anyone to ever make money from it.
Forex News
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One of the world leading online currency trading brokers and market makers, MoneyForex Financial Ltd., has announced the...
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Alpari US has recently announced the addition of twelve new currency pairs to the Alpari JForex trading platform, powered by...
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Euro zone sources recently said the national central banks in the eurozone are ready for exchanging their Greek bonds...
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On Tuesday, the world's first yuan-denominated gold exchange-traded fund (ETF) made a weak debut on the Hong Kong stock...
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On Tuesday, stock index futures pointed to a slightly lower open for equities on Wall Street with futures for the S&P...
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On Tuesday, European shares fell after rating agency Moody's put the triple-A rating of the United Kingdom in jeopardy for...
Forex Blog
- Credit Agency Warns About Rating Cut Citing growing risks from debt crisis of Europe, credit ratings agency Moody's warned it may cut the triple-A ratings of France, Britain, and Austria. Moody's downgraded six other European nations... Read More >
- New Greek Package May Need Up To 145 EU sources recently said that eurozone governments may have to offer up to 145 billion euros to Athens under a second emergency loan program for Greece. The extra funds are primarily required for... Read More >
- European Debt Worries Bring Down Euro On Tuesday, the euro and global shares eased while safe-haven German government bonds rose as demand for riskier assets stalled after ratings agency Moody's downgraded some countries of Europe. The... Read More >
- Brent Slips On Europe Woes On Tuesday, Brent crude futures slipped after being weighed down by demand growth concerns in Europe after Moody's downgraded six countries in Europe. However, Brent crude prices held above $117 per... Read More >
- Jobless Rate Drops To 8.3 Percent In January, the economy created jobs at the fastest pace in nine months and the unemployment rate dropped to a near three-year low of 8.3 percent to offer some comfort measures for President Barack... Read More >
- Tadawul FX Closes Record Year For 2011 Tadawul FX enjoyed huge growth in both client numbers and trading volume throughout 2011 and attained success on several fronts during the year. The forex broker saw an increase of 81 percent in... Read More >
Certain price action is almost predictable, though. I see the same moves every day, but it is not 100% true, this is also true.