Good afternoon,
i am a great fan of news trading cause it offers you (under certain circumstances) the possibility to make fast money - but not allways, like now.
Some minutes ago NFP data where released - someone can see a mixture of green and red numbers, so thats a typically situation where you cant predict with high probability a certain direction of the indices.
In the actual situation all green would have predicted a down move cause of high interest fear, all red an up move (what happened right now) cause of interest cuts.
So i did not bet the direction - its too unclear cause of the mixed picture. Later in the afternoon it will turn out wether the "Greens" or "Reds" push the market.
i am a great fan of news trading cause it offers you (under certain circumstances) the possibility to make fast money - but not allways, like now.
Some minutes ago NFP data where released - someone can see a mixture of green and red numbers, so thats a typically situation where you cant predict with high probability a certain direction of the indices.
In the actual situation all green would have predicted a down move cause of high interest fear, all red an up move (what happened right now) cause of interest cuts.
So i did not bet the direction - its too unclear cause of the mixed picture. Later in the afternoon it will turn out wether the "Greens" or "Reds" push the market.