mr maxinger,
same here, charts can be like the old spagetti sauce commercial, " . . . it's in there."
While i will admit that prego is nowhere near as good as great grandma's homemade recipe, i also admit that market moving news announcements like fed talks and other reports, can provide opportunities for me to trade the reaction to the reaction. I don't bother to parse the monologue, I watch the chart. Gotta keep your eyes on your fries though, for sure, and use a short timeframe for my two cents worth. I don't have to put boatloads of capital to work and sure don't worry about moving markets with my trades tho, lol. Fund managers have other things and timeframes to consider. Old dude I knew would say 'if you're here after what i'm here after, you're here after i'm gone.'
cheers
I have noticed that asian markets responding to chinese anncmts can get consistently surprised by early release of the report, so once again, keep your eyes on your egg-rolls.