Disliked{quote} Well, it is a risky business after all. But the risks can be managed in many ways. For instance, I don't initiate a trade on fundamentals. I wait for a solid trend to develop, then I look to see if there is a solid fundamental reason for it. Therefore, I never enter a trade that isn't already strongly trending based on FA that might never move the market, or as you pointed out, may move it in the opposite direction than was anticipated. When Trend is down and fundamentals say it should go up as in the NZD trade, I consider that fundamentals...Ignored
Fundamentals should not be contradictory, i mean the data is the base here, but thanks to the stupid media, they hype unnecesarry things up and cover big things up, so if there were no news agencies giving misleading info and expectation, then the data should be the relevant thing, and the
fundamentals = sentiment 100% of the time, but thanks to media nastyness fundamentals =/= sentiment only on rare occasions and you always have to guess the "mood" of the market, despite the clear and factual data that the CB give out.
"There's a sucker born every minute" - P.T. Barnum