Hi mates, I'd like to make a question that hope somebody can help me with.
I've seen tons of times that after a news release the price goes in the oposite direction of what should have done acording to the number released.
For example, today Philadelphia Index was good for the USD but dollar plumeted, yesterday there were many bad news for the USD but the dollar rocketed
And so on, so, I don't understand a sh*t what's the point when the release is good or bad it looks like the only holly grail indicator for news is, if I buy then the price goes down, and if I sell, surely the price goes up.
I've seen tons of times that after a news release the price goes in the oposite direction of what should have done acording to the number released.
For example, today Philadelphia Index was good for the USD but dollar plumeted, yesterday there were many bad news for the USD but the dollar rocketed
And so on, so, I don't understand a sh*t what's the point when the release is good or bad it looks like the only holly grail indicator for news is, if I buy then the price goes down, and if I sell, surely the price goes up.
Ado
Whether you believe you can do a thing or not, you are right.