Joined Aug 2008
Status: Fear makes us see who we really are
Moves are not exact on spot market including spikes etc. and today's move and US data was pre-known for some which can be seen clearly from charts. There was no vols on exact moment really.
Big players were swapping usd-chf-eur. In real world they have their own plotting models (just one is monthly-to-day open/close levels) which they trade, so market action is unknown unless methods are figured out. Everything else is guessing from the charts if math is not used.
Takes lot of screen time just to model and i guess most of starting traders run out of patience and money.
Not really, sometimes it takes blunt statements for people to learn. It wasn't meant to be rude, but "dumb money" is what the big boys actually call it. They do this all time after data releases to stop out the straddlers and get people in the wrong way