DislikedThanks "Time" for sharing your observations w.r.t CTs. I really appericiate that.
Any one can comment on the importance of News or fundamentals as compared to Technicals. In one of Phillips lesson i heard him saying that technicals are basically made up of fundamentals and the technicals are the true representation of what the people are thinking.
Initially i used to trade with news thinkin that i might be able to make more pips but suffered losses as the market never reacted as expected. But now i have started to believe more on technicals...Ignored
If you want, maybe you should trade vice versa to their direction? That's up to you...but I don't want to trade based on news and forecast by some kind of "market experts" from bloomberg...they are creating more illusion than reality.