QUOTE(yan7 @ Feb 4 2017, 02:36 PM)
like gbp this time ,if interested rate unchange, it will go down,
likewise i need to know the status for aud and nzd if rates unchange, it seem it wont affected each other right?
trading the news is about seeing these 3 things - last month data, expected data (before news) and actual data (after news)likewise i need to know the status for aud and nzd if rates unchange, it seem it wont affected each other right?
you have to pay attention to expected data coz this is the pivot point, the starting point
1) when news comes out as expected data - likely nothing happen coz its expected to happen, nothing suprising
2) when news comes out better than expected - likely GBP will go up. you want to know GBP go up or down u have to refer to GBP index not GBPUSD or pairs
3) when news comes our worst than expected - likely GBP will go down.
i use the word likely because you are trading pairs. if u ask me why GBP news comes out better than expected but GBPUSD going down, you have to look at USD how USD perform. if GBP produce good news but USD produce better news.. GBPUSD probably in sideways or going down
it has nothing to do with rate change or unchanged. its about what expected and what actually happen, then traders start from there to make decision to either long or short.
Feb 4 2017, 03:00 PM

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