ATTENTION! All Eyes on the Market Please by Timothy Stevens

Watching the market and trying to spot big trending moves is something that a foreign exchange trader who wants to make money in currency trading has to learn how to do. This is not something that is easy to do and most foreign exchange traders engaged in currency trading are clueless about spotting the big moves in the market. A lot of these foreign exchange traders just do not have any idea as to the forces that move the prices in the currency trading market. Therefore, taking advantage of these big trends for profits is also lost to these traders.

Understanding the market and the forces that move it is critical in being able to spot these big trends. First off, the currency trading market is composed of millions of buyers and sellers transacting in the trillions of dollars everyday. These traders could have their own reasons for being in the forex market - some for hedging and some for raking in profits. These participants and the way they are playing the currency trading market all influence the market price. The diversity in human reaction and interpretation makes it difficult to predict how the market will move.

There are patterns, however, that can be gleaned from the common human psychology that influences market movements. It is the foreign exchange traders' understanding of how human emotion comes into play and drives market prices up or down with their greed, fear, or hope that enables him to time his trading decisions well. There are indicators that show how human psychology moves the market. These will also you to spot big trends to allow you to take advantage of the best risk-reward trades available. With the discipline to stick to your trading systems and the right tools to analyze and implement your system, you will surely end up as a big winner in foreign exchange trading.

About the Author

Timothy Stevens is a Forex Options Trader who owns http://www.NonDirectionTrading.com - He has helped hundreds of people on Trading Forex with Options

He has recently developed a free e-course showing you a step by step process for starting your Forex Trading easier. To learn how to start Forex Trading with Options without wasting your time and losing more money, visit http://www.NonDirectionTrading.com/members/FreeReport.htm