I wanted to take the time to talk to you about forex market analysis. This is a very important skill to develop because being able to properly analyze the market allows you to predict the movement of a currency and profit from it. A lot of people, for some odd reason, just don’t want to put in the necessary effort to learning this market. These are the people that continuously lose money because they’re just not willing to be smart. I’m going to share with you what I’ve learned over my time trading that can help you be more profitable.

This is a global market that is open all hours of the day and night. This may seem like an advantage because you can work on a very flexible schedule, but the fact is the market can be extremely unprofitable at certain times. Typically, you have too different times to trade; low and high volume. These are the two that you have to watch out for. At low volume times the market is extremely slow. A lot of people think this is a great time, but the fact is that supply and demand isn’t stable, so things are erratic. Stick with the high volume times for trading.

Being prepared for the job with the right tools will help you do better forex market analysis. Most people try to do things on their own and that just doesn’t cut it. The key is to have automated software like the 10 Minute Forex Wealth Builder, which watches the market and is constantly analyzing it.