Generally, price action traders believe that price discounts every factor that may influence a security's price.
But you should Not Ignore Major (High Impact) Economic News Announcements like:
Interest Rate decisions, Non-Farm Payroll, FOMC, Crude Oil inventories, and so on...
REASON:
- If you did take a trade in line with the result of the economic news...
In this screencast I show how I attack the US30. It's very different to what you see 'out there'. This is about a robust and real trend-following methodology. And not - I'm not selling anything! WYSIWYG. Totally for free! Everybody deserves a chance.
Reality has come home to the markets - globally. There is a mega trade war on at the moment and it has been for...