sign in • sign up
web   discussions   tasks   blogs   photos

Forex... Investor sentiments....  email this discussion to a friend?

myLot reputation of 99/100. ahgong (3967)   ranked 5 out of 26,170 in make extra money 3 years ago

I read in books and in forums, everything about forex is about volume and investor sentiments.
And to be a good investor, we have to be able to understand both volume and investor sentiments in order to make a more intelligent guess at what the general trend for the day would be. Whether the currency pair will be increasing in value or not, will depend on a combination of these two, volume and investor sentiments.

Volume is easy to see. You just need to look at the charts, and then do some simple TA, you will be able to see which currency pair has the highest volume and which currency moved the greatest in a particular period of time.

The problem comes when I try to understand the investor sentiments.
News reports are one source of good information where one can see or "feel" the investor sentiments.
Question is, how do you interpret the news that is presented to you to know what that "feel" is?
How do you read a news report and see if investor sentiments for the day would be a buy or a sell?

Like for example, over the weekend, we read reports of US dollar weakening. In my mind, that would mean that more people will sell the US dollar in favor of the quoted currency. Sell low, buy lower. That is a Short entry. Right?
But when you enter the market, you see an up ward trend instead. People are generally buying US dollars instead.

Anyone here uses the news to see or "feel" the market?
How do you interpret the news to see what other investors are feeling?

Please advise.

 

make extra money
sponsors
Trade the biggest market
Forex. The currency market is open 24 hours a day, 5.5 days a week.
www.GFTforex.com

This Stock Will Explode
You Need to Know About this Next Awesome Penny Stock! Read More.
www.PennyStockCircle.com

Business.com
Business.com:World Currencies. Trusted by 10,000+ Business Owners.
www.Business.com

User has not selected a best response.
tags:  forex, ahgong, currency, exchange, make
 
1. myLot reputation of 95/100. kun2349 (10498)   ranked 5,500 out of 26,170 in make extra money   3 years ago

Another confusing thing about forex.. haha =D Well, i'm not into forex and thus i cant help u much.. When it comes to investments, always follow your head and not your heart.. THere are times whereby there's an instinct telling u what to buy, and that shall be your feel..

Feel is something u get when u read about certain articles or news that grab your attention immediately and straight away, u know what to buy.. THis is what i called feel, because there are no points or charts to study at, and yet u have decided what to buy ^_^

Dun worry about your instinct and feel being different from others, because it does not come often.. hehe ^_^ As for your example, alot depends on what u think 'is not right' and follow it that way ^_^

Trade the biggest market Forex. The currency market is open 24 hours a day, 5.5 days a week.  www.GFTforex.com
 
sponsors
Man "Cheats" Credit Score
He Added 126 Points To His Credit Score Using This 1 Easy Tip.
www.SecretsOfYourCreditScore.com

Forex Trading Platform
Open A Live A/C& Get Assured Gifts By Trading in Currency& CFDs
www.sevenstarcyprus.com

Top 10 Forex Brokers
Find the Best Forex Brokers and start a Free Demo Account Today!
ForexTraders.com

similar discussions
about forex trading for a indian guy?
hi friends,am very new to forex,is it safe to play in forex?what are the forex sites that best...
sponsors
Man "Cheats" Credit Score
He Added 126 Points To His Credit Score Using This 1 Easy Tip.
www.SecretsOfYourCreditScore.com
return to mylot
We are loading a word from our sponsors. No thanks, cancel loading.