question about news data | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Historical News data and news trading 5 replies

Simple Question, maybe a dumb question 2 replies

Just a fast question - Need help for an exam trading question 0 replies

Hedging Question - Quick Question Looking for A Quick Answer 1 reply

question about news data

  • #1
  • First Post: Jul 14, 2018 9:07am Jul 14, 2018 9:07am
does the market ever react in reverse of strong data


or is this an extremely rare occurrence

please post some news data when markets did the opposite of data
  • #2
  • Jul 14, 2018 10:09am Jul 14, 2018 10:09am
Quoting bill1985
does the market ever react in reverse of strong data or is this an extremely rare occurrence please post some news data when markets did the opposite of data
There are almost always big whipsaws after major news come out.
  • #3
  • Jul 14, 2018 10:21am Jul 14, 2018 10:21am
i understand whipsaws hopefully use it to grab a better entry i'm saying moves the market in a reverse direction and stays that way thru out the event entirely.
  • #4
  • Jul 14, 2018 1:29pm Jul 14, 2018 1:29pm
Quoting bill1985
i understand whipsaws hopefully use it to grab a better entry i'm saying moves the market in a reverse direction and stays that way thru out the event entirely.
If good data and the pair heads up..the pair is reacting to data!

If good data and the pair tanks..it's a case of "buy the rumor, sell the news".

See where I am going with this?
  • #5
  • Jul 14, 2018 1:41pm Jul 14, 2018 1:41pm
i do not, i'm talking about data that is better than previous & forecast data*


how often does the market price do the opposite of good/bad data better question is WHY?
  • #6
  • Jul 14, 2018 2:25pm Jul 14, 2018 2:25pm
I back-observed the news until 2016. This is pretty rare for the initial spike. But it is not rare market goes in the wrong direction primarily before following the news direction, in the same minute (8:30 for example). My point is only applicable to % news like the Core Retail Sales. The non-percentage news seems not to react well, erratic. Do you use a news provider service?
  • #7
  • Jul 14, 2018 4:24pm Jul 14, 2018 4:24pm
it’s got to do with how the big players are already positioned prior to the release, market sentiment, expectation changes, and new order flows coming in from the sidelines. Once you keep yourself up to date with current sentiment and expectations you can get a pretty good idea of what will happen based on the data release.
  • #8
  • Sep 13, 2018 10:35am Sep 13, 2018 10:35am
want to trade data only cpi trade worked out great today

just wondering percent of news data with a counter move follows


i have a 6.1 risk reward if i would be profitable trading data only

15 pip stops and a reasonable 60 pip take profit with in the daily range

50-60 feels like a sweet spot
  • #9
  • Last Post: Sep 14, 2018 2:32am Sep 14, 2018 2:32am
Quoting bill1985
please post some news data when markets did the opposite of data
I'm waiting some body to answer this.
The answer would be shocking. LOL
Profit growth tells you the trader ability.
0 traders viewing now