Using mathematical methods to trade Forex

  • Thread starter NetMage
  • Start date
  • #1
Hello, so I've been in the forex market (currency trading and exchanges) for quite some time, I've done reasonably well, however I was curious as to how perhaps calculus and other mathematical methods could benefit me. Basically, I am a day trader...I wanted to know if there is a way to predict probabilities in the market based on the previous day and trends. I was wondering if differentiation the charts would tell me the rate at which I can expect the currencies to change the following day. Would this be a good method? thoughts please.

Answers and Replies

  • #2
There are theories as stars in the sky, and professional traders use them. Currencies are highly volatile so predictions are notoriously difficult as there are simply too many unknowns. I recommend to read some books on pricing, esp. of futures and options.