DislikedThe question that disturbs me is that, I profited from the move, but I don't know it's CB intervention. Does it matter that I know if CB is involved ? Will knowing CB interventions or lack of knowledge affect my future performance ?Ignored
To be honest with you I don't really have a general answer to you question. Much like anything else in trading it varies from person to person.
My personal philosophy is to always exploit my knowledge, always look for my personal pattern behind the market pattern, always ask myself "what's in it for me, how do I exploit what's happening in the market".
So looking at the circumstances (NY afternoon - low liquidity and floppy moves) it turns my red light on when I see such a rally - chances are it's a CB and CBs are rarely satisfied with 50 pips. So I jump in.
I know a lot of people would call trading that intervention a stupid move. And maybe it is. But to me what matters is what does my account statement show at the end of the day.