When all this crazy news comes out. Just listen to Kramer as a reverse barometer. Whatever he says, just pull up the chart and remember what he said to do the opposite. Most of the time, plan C is to consult your idiots on the news and check out the stories in Barrons, search out the reverse barometers.
When a stock moves its either due to news or just randomness. I'd trust a news catalyst since it's less likely to be deceptive / product false breakouts since there is an actual reason or catalyst
I kindly disagree with you. The economic events in the market are almost everyday. In fact when there is no economic events the market tends to do nothing but chop around. If you look at the economic calendar for currencies, metals, energy there is always something going on.
There's always economic events every week. There's only 4.33 weeks per month. You have unemployment, CPI, PPI, FOMC announcements, Large Cap Earnings…etc. Always something practically every week! Just saying!
Another words just wait till the market goes up10 points or down 10points then get in. Ok
If forex taugth me something its that every move can be used,either up or down its up to you how you execute😊
But isn't there at least one or two economic events every week .
When all this crazy news comes out. Just listen to Kramer as a reverse barometer. Whatever he says, just pull up the chart and remember what he said to do the opposite. Most of the time, plan C is to consult your idiots on the news and check out the stories in Barrons, search out the reverse barometers.
Damn this man knows his shi*t
Wow insights..!!!
When a stock moves its either due to news or just randomness. I'd trust a news catalyst since it's less likely to be deceptive / product false breakouts since there is an actual reason or catalyst
Thank you.
I kindly disagree with you. The economic events in the market are almost everyday. In fact when there is no economic events the market tends to do nothing but chop around. If you look at the economic calendar for currencies, metals, energy there is always something going on.
There's always economic events every week. There's only 4.33 weeks per month. You have unemployment, CPI, PPI, FOMC announcements, Large Cap Earnings…etc. Always something practically every week! Just saying!
How about you already placed a trade and then there's a HIN in the next days. Would you still hold that position?
Well some people are fundamental traders. News events are their bread & butter.
What outlets do you follow to get your info on the fed
You nailed it bro
please someone help me donate 230usd usdt i need to pay this debt off
Very true. Volatility is just ruining the edge
Verry strange i see always marked moves big on big news event like …
thnks dude
Love me some volatility