Pull your chair up, grab some pizza and a beer, and prepare for fireworks tomorrow...

[formikatrading]

You called it. But did you trade it?

So I was right. PCE did come in weaker for this month and the market would go up.

 

[formikatrading]

I give you some props -- you got whipsawed a bit and reacted too much to the news earlier this week -- but you have your share of good calls.

Hahahaha, not on my watch!!!!!!

 

[TheDawn]

You called it. But did you trade it?

Yes. Should've traded more but happy with the profit.

 

[TheDawn]

Yes. Should've traded more but happy with the profit.

So funny on forex factory it shows that now that the actual result is lower than the previous month as predicted by the consensus, they went and lowered the previous PCE as well retroactively. LOL https://www.forexfactory.com/calendar#closed

So if the last month's figure was a bump up and the market panicked, it panicked for nothing. The games that the "Big Boys" play. LOL

 

[Darc]

I looked back at one of Soy's posts. He doesn't use Charts or F/A, he seems to just use Sentiment Analysis.
Throw out all your Technical and Fundamental Analysis books I guess.

 

[TheDawn]

I looked back at one of Soy's posts. He doesn't use Charts or F/A, he seems to just use Sentiment Analysis.
Throw out all your Technical and Fundamental Analysis books I guess.

As long as he hedges and is able to use the hedge properly. There is nothing wrong with that. Even if you do all kinds of analysis, you could still be wrong. There are trading contests where they pit top investment managers against an animal for picking stocks. Every single year, guess who wins? Yes, you guessed it. The animal!! Every single year!!