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  • #1,085,941
  • Jan 5, 2017 12:53pm Jan 5, 2017 12:53pm
Quoting OnlineAddict
{quote} News have no importance.
Crap

PS:If news have no importance then why are news published and why are they marked with different colors and why traders follow them with a big interest? Please do not ignore facts in order to promote your ideology.
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,085,942
  • Jan 5, 2017 1:00pm Jan 5, 2017 1:00pm
It's a combination of different things, right? Fundamentals and Technical's should be used in tandem. Either which way, I am currently shorting this, although I am not sure if my strategy will come into fruition before market close in US today. The /6e shows a bullish trend. The volume versus price action gives me pause to think that we are in for another major dip, before it sky rockets to 1.0670.
  • #1,085,943
  • Jan 5, 2017 1:02pm Jan 5, 2017 1:02pm
Quoting NotAtrader
{quote} Crap
Practically have no importance but could be important considering the volume.. Could make impact in the price.

In other words.

Practically have no importance but could be important considering the volume. Could make impact in the price.
  • #1,085,944
  • Jan 5, 2017 1:03pm Jan 5, 2017 1:03pm
Quoting RedWarII
It's a combination of different things, right? Fundamentals and Technical's should be used in tandem. Either which way, I am currently shorting this, although I am not sure if my strategy will come into fruition before market close in US today. The /6e shows a bullish trend. The volume versus price action gives me pause to think that we are in for another major dip, before it sky rockets to 1.0670.
Thank you.. .
  • #1,085,945
  • Jan 5, 2017 1:05pm Jan 5, 2017 1:05pm
Quoting whateveridon
{quote} Practically have no importance but could be important considering the volume.. Could make impact in the price. In other words. Practically have no importance but could be important considering the volume. Could make impact in the price.
And in other words CRAP...

If news can make impact on the price it means they have importance. Period.
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,085,946
  • Jan 5, 2017 1:08pm Jan 5, 2017 1:08pm
Quoting NotAtrader
{quote} Crap PS:If news have no importance then why are news published and why are they marked with different colors and why traders follow them with a big interest? Please do not ignore facts in order to promote your ideology.
How did playing with colors worked out for you today? Market couldn't care less about today's positive numbers as it was bullish. If your "ideology" was the right one, price would be below 500 now. Why are they published? To satisfy the sheep.
Everyone can see the chart, but only a few can actually read it.
  • #1,085,947
  • Jan 5, 2017 1:13pm Jan 5, 2017 1:13pm
Quoting NotAtrader
{quote} And in other words CRAP... If news can make impact on the price it means they have importance. Period.
The importance is relative. Essential.
  • #1,085,948
  • Edited 1:39pm Jan 5, 2017 1:19pm | Edited 1:39pm
I thought why the people has problems with me. The people do not comprise the concept in my general "stuff"..
  • #1,085,949
  • Jan 5, 2017 1:20pm Jan 5, 2017 1:20pm
Quoting OnlineAddict
{quote} How did playing with colors worked out for you today? Market couldn't care less about today's positive numbers as it was bullish. If your "ideology" was the right one, price would be below 500 now. Why are they published? To satisfy the sheep.
So all traders except you are sheeps?
Comeon if 1 out of 10 times the market doesn't care about the outcome, 9 out of 10 it does. I really don't understand why some of you guys think that you own the concept of trading.
Please give me a break.

PS: BTW it worked out very well for me today.
And one more thing. Good traders pay attention not only to the color of the numbers (green or red). They pay attention to the actual value of the number as well. Thus green does not necessarily mean a good result my friend.

News have importance and news impact the price
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,085,950
  • Jan 5, 2017 1:22pm Jan 5, 2017 1:22pm
Quoting whateveridon
{quote} The importance is relative. Essential.
Yes. Very true. The importance is relative.
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,085,951
  • Jan 5, 2017 1:48pm Jan 5, 2017 1:48pm
Quoting OnlineAddict
{quote} News have no importance.
 
How's that???
Of course NEWS have IMPORTANCE. 
 
Question is....timing.
Today BAD unemployment. 
Yesterday funny FED. 
Euro ok news.....
Fibo extension... 
 
See guys,  it may not move the market in an hour....but it will!!  Just wait. Wait a day. What's the hurry?
I said that yesterday....  though i expected a few days to reach THAT HIGH.
 
But add spikes and here we are.
What's important is, i think, to know WHERE IT SHOULD GO. Rest is easy.
See yen for example.  Broken wedge, bad FED....down. 
 
Ideas?
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Beware of robber banks (RB), bad advisors.
  • #1,085,952
  • Jan 5, 2017 2:35pm Jan 5, 2017 2:35pm
What's the point about arguing on the importance of news or not in FX trading? Imho, it's purely a matter of a trader's style and strategy. Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #1,085,953
  • Jan 5, 2017 2:42pm Jan 5, 2017 2:42pm
buy above 1.0584

else
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 18.2%
  • #1,085,954
  • Jan 5, 2017 2:43pm Jan 5, 2017 2:43pm
Quoting Phil_GMT
buy above 1.0584 else
Why?
Do your homework, follow the footprints of smart money
  • #1,085,955
  • Jan 5, 2017 2:48pm Jan 5, 2017 2:48pm
1.0584 5 hour support level, little risk.
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 18.2%
  • #1,085,956
  • Jan 5, 2017 3:04pm Jan 5, 2017 3:04pm
Quoting NotAtrader
{quote} Crap PS:If news have no importance then why are news published and why are they marked with different colors and why traders follow them with a big interest? Please do not ignore facts in order to promote your ideology.
Exactly when the US rate raised the market did not change did it lol
  • #1,085,957
  • Jan 5, 2017 3:07pm Jan 5, 2017 3:07pm
Quoting jpcashflow
{quote} Exactly when the US rate raised the market did not change did it lol
Thats not news, its monetary policy, apples and oranges.
Everyone can see the chart, but only a few can actually read it.
  • #1,085,958
  • Jan 5, 2017 3:30pm Jan 5, 2017 3:30pm
Quoting OnlineAddict
{quote} Thats not news, its monetary policy, apples and oranges.
Yes this is monetary policy and the problem with your understanding is that the monetary policy does not have immediate effect on the market, but the news about that monetary policy does.
Not-KPMG wrote in a previous post something about the timing. Please read that.

And here is a question for you...Why on earth well reputated TV channels use so much money of their budgets to send Janet Yellen LIVE and why traders around the world follow her and trade every her word if news don't matter?

The truth is ,like Keen Pips said, that trading is a matter of style and strategy. Just trade the way that suits you, but don't say that news don't matter because it sounds funny
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,085,959
  • Jan 5, 2017 3:33pm Jan 5, 2017 3:33pm
..
News and rumors can move prices sometimes, not always... depends on what kind of news
.
  • #1,085,960
  • Jan 5, 2017 3:39pm Jan 5, 2017 3:39pm
I can't believe I started posting here again...lesson learned. Back to work!
Everyone can see the chart, but only a few can actually read it.
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