Factors Influnce The Forex Market

Trading in financial markets, like any other serious business operation is carried out through a set of trading techniques, the most popular of them are Forex trading strategies. In practice the trader implement many strategies and usually every trader has his own set of Forex trading strategies which he uses depending on the situation. The distinguishing feature of an experienced trader is his own set of strategies that are regularly used and are proved to be effective.

Forex trading strategies may depend on many factors like the type of financial asset, the size of the managed deposit, the psychological aspects of the trader and his personal perception of risk. To be successful and receive regular profits from trading the investor must establish their own trading Forex strategies based on these factors, test them and put them regularly in practice.

For example : if the war begins on Iraq Oil prices goes higher. (you know this war things happens in Asia too much). if Oil prices goes higher the money currencies goes lower on most country, except the countries have oil sources.

Look at this example:

War and revolution – like Middle East.
Raising Oil prices.
Raising of Canadian dollar value because of Oil refineries.
Lower of Japan yen due to lack of oil source.

But in short it can be said that, world market is totally dependent on oil. So if there any chance to raise oil price, if massive disaster like flood, cyclone, earthquake damage the national infrastructure of those country relate to the market or if a war emerge than the market totally influenced.