/biz/ - Business & Finance

>>282667
They work, period. You should be more concerned about what works for you. If you even trade.

I'd like to see some trades of yours based of Fed news and QE rates. Trading fundamentals is way more lagging than any indicator. As soon as they are released they are priced in hence the giant leaps during news releases. The market is kinda efficient like that.

Your reminding me of a friend who got into trading and was soo focused on fundamentals he ignored the thing that matters the most, PRICE. He refused to ever short the EUR/JPY due to hearing the BOJ press conference talk about more QE. Over and over his E/J longs would be stopped out and he didn't get it. "HOW ARE PEOPLE BUYING YEN, this is stupid the BOJ is easing more".

So you must have went long on the Euro when the NFP miss happened right? Well even with a 100 pip SL you would have been stopped out. Oh wait an NFP miss would mean dollar weakness and euro strength....thats a fundamental reason to buy..


I would love to see some trades based on your "system" of trading bonds and FED reports. Waiting