Forex Market news and discussions

When trading the forex market or other markets, we are often told of a common money management strategy that requires that the average profit be more than the average loss per trade. It's easy to assume that something that has been so widely advised must be a good thing. However, if we take a deeper look at the relationship between profit and loss, it is clear that the "old", commonly held ideas may need to be adjusted. In this article, we'll look at this common trading advice in terms of the profit/loss ratio.

Sniping or Hunting - Sniping and hunting - or prematurely buying or selling near preset points - are shady acts committed by brokers to increase profits. Obviously, no broker admits to committing these acts, but a notion that a broker has practiced sniping or hunting is commonly believed to be true. Unfortunately, the only way to determine which brokers do this and which brokers don't is to talk to fellow traders. There is no blacklist or organization that reports such activity.

Lets get the basics of Forex clear, thiss would help us take better descision:

Gold and Silver on one day plunges and then recovers?

This has been the story all along eversince the markets have shown similar trends. Gold ended at 12,980/10gm  on Saturday as thecrude oil prices rallied. This was also backed by buying by Stockists and Gold fabricators.

The rise was about Rs.110  after the last session saw a dip of Rs 330. One of the factors that attributed to the rise was the rising rates of crude oil and the rising inflation. Gold is always used to hedge inflation and as inflation rose, Gold prices rose as well.