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Vyacheslav Vasilevich (MasterForex-V) - ArticlesVyacheslav Vasilevich (Masterforex-V)
Professional Trader from 2000 year. President of Masterforex-V Trading Academy. Author of Books: 1. Trade secrets by a professional trader or what B. Williams, A. Elder and J. Schwager not told about Forex to traders. 2. Technical analyses in Trading System MasterForex-V. 3. Entry and Exit Points at Forex Market Forex Secrets - Delusion No 2 - Who Prompts Forex Quotation to TradersThe delusion conceptually propounds that traders operate at a spontaneous FOREX market (as stipulated by B. Williams, A. Elder, E. Nayman, etc.). But it is not the case. Traders do their job inside a well-organized and controlled currency exchange market, governed by the Consortium of the world’s largest banks.
Hence, who is pushing the currencies up and down, who defines trends, corrective actions and flats? Forex Secrets. Delusion No1. Forex Currency Rate and Economic Factors Impact on Exchange RateThe delusion conceptually propounds that intraweek and intraday FOREX currency quotes movement is governed by either improvement or by deterioration of the state’s economic situation. But in reality, even in case the actual Forex news are superior to the estimated one, the FOREX quotes up/down movement is of 50/50 probability.
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