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How does the market move?

PostPosted: Fri Mar 05, 2010 5:36 am
by ivanlim
May i know,when MORE people BUY a currency pair,will the currency pair go up or down?

Re: How does the market move?

PostPosted: Fri Mar 05, 2010 9:22 am
by ivanlim
However,if more traders buy a currency pair,will it drive the currency pair up?

Re: How does the market move?

PostPosted: Fri Mar 05, 2010 9:50 am
by ivanlim
Sorry,the right question should be:'why would the price move against the traders? Is it because too many people are buying/selling?'

Re: How does the market move?

PostPosted: Sat Mar 06, 2010 11:14 am
by ivanlim
I'm sorry but i don't think i get it. Forgive me as i'm relatively new to all these. So how does the price move when more people buy a currency?

Re: How does the market move?

PostPosted: Sat Mar 13, 2010 2:20 pm
by Edward Revy
I'll link the rest of the discussion for other traders to follow:

When can i confirm a trend?
Why does price retrace?