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Is it possible to predict what will happen with Forex rates?

Thu, Jun 16, 2011

Forex

Question by spokehold: Is it possible to predict what will occur with Foreign exchange rates?
I’m into Forex trading trading. I wonder if there is a way to predict or locate designs in the way trade charges transfer. Any person have any strategies or tips?

Best solution:

Response by Paul U
When I feel like acquiring back again into my charts I like to use pivot points, Fibonacci research and Stochastics to predict cost movements and help and resistance ranges.

The vast majority of my Forex trading activity is now based mostly on hedging techniques as a important element of a prolonged phrase investment concentrate.

Paul

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