The Forex Trading Group is for traders of the Forex Market. It includes forum discussions, image... View more
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The Forex Trading Group is for traders of the Forex Market. It includes forum discussions, image galleries, Trading Signals and suggestions. Traders can follow other traders to copy their trades, they can discuss privately between traders.
Hey Chuck, great question, it sort of illuded me for years but was also a niggling thing going on at the back of my mind. Basically, its the bank traders that drive the market (they trade the most volume, way more than retail traders which really don’t make a difference on the chart you are looking at). However, it’s not random and it is really just the bank traders interpretation of things like fundamental data, like interest rate differentials and economic data, and geo political issues. The Risk On Risk Off scenario demonstrates tthis point pretty well.
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