Bulls or Bears in Forex?

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Rambo35

Confirmed PaxForex Representative
Apr 22, 2013
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Depending upon the domestic as well as international economic situations the market conditions keep fluctuating. It is possible to make money no matter what the conditions of the market are. As a trader you should be skilled and experienced and have techniques and strategies to minimize risks in any conditions; bullish or bearish.
 
It is possible to make money in forex with a good technical trading strategy and risk management, more discipline, in sessions where there is no economic data that may influence volatility
 
In Forex the bull and bears are according to there nature to show up and down as bull raises up so it denotes upward and bear downward..
 
In Forex, you can make money provided you use good strategies, entries, exits and practice good MM. And yeah, irrespective of a bullish or bearish market, any trader should be able to net a few pips as long as he strategizes effectively and minimizes exposure..
 
How to decide the market whether is it going to bulls or bears??
Please share your opinion. Perhaps it will help others
 
Well i think one can make money in both the market conditions bull market and bear market except it is a recession situation like 2008 where the market is only going one way. In normal market conditions you can buy and you can sell according to your technical analysis.