I trade stocks. My main methodology is based on simple supply and demand principles. Recently I opened a demo account to see if the forex market was anything like the stock market. I am so disgusted by what I see. It's like these prices don't follow any rules at all. How does anyone gain an edge in markets like this. It seems there are barely any concentrations of probability to play. Supply and demand are nonexistant. What am I missing here? Does the forex market have a concentric relationship with fundamentals? Or is the fact that prices seem to slide with ease past support/resistance areas due to the possiblity that the forex market is littered with momentum junkies? Where are the amateurs? I can't look at price and find the traders who don't know what they are doing like I can in the stock market. As I write I am reminded of the saying," If you can't find the amateur in the price action; you are the amateur." Any thoughts?
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