A fast market is where some important news has been released, and the market moves very quickly in response. This is not a good time to trade because you can’t be sure of prices really are, as reporting will tend to lag. This means that you could get some very unattractive order fills. Also, the market may over-react, and may reverse just as quickly once the news is assessed in more detail.
If you take a longer term perspective, you won’t need to be unduly concerned with very short term fluctuations in the market, so there will be no need to attempt to trade on releases of market information.
ForexGen traders use fundamental analysis, technical analysis, quantitative analysis and sometimes a combination of all three to make their trading decisions. Fundamental analysis involves the use of economic, financial and political news to determine trading decisions. Technical analysis involves the study of Charts to predict future price movements based on past price patterns and trends. Quantitative analysis consists of the use of preset statistical models and properties in quantifying price formations such as averages, ret cements as well as identifying oversold and undersold situations.
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