Question about practical example?!

nevendj

Trader
Nov 22, 2013
1
0
12
I have a question about example in the picture.

http://postimg.org/image/qzxbgydn5/

I opened a long position on 21.11.2013. 22:30. Most of the indicators showed that there will be rise in prices, RSI was above 50, STOCH was rising, ADX also crossed in above 20 level. I opened a short position for 2 lots.
Is it possible that I affected trend by opening a large long position that caused immediate fall in prices? Or I maybe misunderstood some of the signals?

Thanks! :)
 

Enivid

Administrator
Staff member
Nov 30, 2008
19,377
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Odesa
www.earnforex.com
No, you cannot affect the FX market with one position of 2 lots. As for the signals, it is not clear when exactly on the screenshot you have entered. BTW, was it Short or Long, because it is not obvious from your post?
 

Rambo35

Confirmed PaxForex Representative
Apr 22, 2013
909
24
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Canada
As Enivid stated, you can't affect the forex market. Nobody can really do so. As a side note, 2.0 lots is not a large position by any means.
 

bablogfx

Confirmed HotForex Representative
Oct 24, 2013
190
3
27
The reason is easy as a pie - you just didn't guess price move. Don't bank on indicators, more by token, if you try to use combination of it. Forex is beyond of math rules and expectations cuz we take a part and influence it.