Disliked{quote} Take a look at movements of stocks when they release earnings. The violent price action is down to the milliseconds after the release and it usually happens when the stock market isn't even open! If that doesn't convince you then nothing will. https://youtu.be/iL1XEPJL4psIgnored
Peter first said: "If you do not understand the basic building blocks of your own society, then OF COURSE you'll see a "correlation" toward data releases and a derivative moving." He believes you see correlation because you lack an understanding of building blocks (whatever the hell that is). He concludes with, "Therefore it's not gong up coz of data."
In his next post, he changes his message to: "Take another look from a different perspective of what you just wrote and consider WHY WHY WHY someone like ME (not YOU) would NOT trade that release. Instead of allowing stubborn belief thinking to spoil your view." So now, he claims he does not trade announcements, apparently because of the correlation between the release and market movement.
You said nothing about trading FAs, just that they cause movements in the markets. This gave Peter an opportunity to aim one of his baseless invectives at you, while posing as a deep thinker when he stated his bullshit about layers and blocks (this is a topic that he brings up from time to time, and I have beaten him about the head and shoulders to point out how stupid and senseless it is).
In summary, you are right and he is stupid.
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