DislikedIs it me or did everybody forget about David Cameron's EU Speech today? Now I don't trade the news... but I do know when to stay the hell away from trading GBP and EUR pairs!!!
A BankerIgnored
Ask yourself this, "Why do I even need the friggin' news? Isn't that for predicting? Isn't predicting a losing proposition? Can't I just get from the charts all that I need in order to trade profitably? Do I expose my fragile brain, the thing I use to analyze charts with, to unnecessay deceiving influences by taking my mind off the charts and absorbing all that bull shit put out by SMs, other profiteers, and all their 'talking heads'?"
Turn off the friggin' TV!
If you've room to pull up some bull shit to read, pull up another chart instead!
Trade in a vaccuum and mind your own P's and Q's!
Charts tell you all you need to know.
If you can't see a valid setup, wait!
If a valid setup suddenly goes haywire, exit!
Don't think you need to know what the market is going to do next. You don't. You just need a valid setup and quick, appropriate responses to PA that can be ever changing by SM.
Price action and Support & Resistance!