QUOTE(frontier008 @ Aug 27 2014, 12:49 PM)
yes yes... you are right... from the forexfactory... it sometimes indicate if actual > forecast = good economy... or vice versa... doesn't it means as it is?
if u based on what is forecasted.. then u r just guessing...
even a PHd in economic cant tell u the direction of each sentiment news...
news can be correct.. but market maker can push the other way direction...
example... let say u see that ppl predict USD good news .... before the good news come .. marketmaker push the EU up up up before 2-3 hours before the news out... then the good news come out.. but the effect cant cover the spike up.. making the psychological pricing come in..
it even worst if the news doesnt carry weight as expected...
u might expect at least 50 pips down.. but in the end.. 20 pips only...
Just my 2 cent observation