FX Stratagies In Other Markets

[braveheart2009]

If you master the FX market with a consistent profitable trading can the same rules and strategies work in any market or will you have to learn new specific strategies for such crude oil or CFD's?

[vladv]

The basics of trading work in every market,of course!

[vx13]

Like vladv said, the basics work in every market.

But some indicators like CCI were designed for Commodities. Does that mean it can't work in Forex? No.

But it's a cycle-based indicator and cycle-based analysis has flaws in a market that almost never closes.

 

Gaps certainly don't work well in Forex for the same obvious reasons.

 

But the basics will and I believe some indicators work even better in Forex like Moving Averages because gaps can cause outliers in the average.

 

So depending on what your strategy is based on, it can either be universal or good for a certain type of market.

Hope that helps!

[braveheart2009]

thanks guys thats very exciting to know if the market is stable somewhere and no many opportunities you can go to another market from the currency like oil or gold.