I’ve tried to judge what the market should do logically in response to news / figures only to find price does the opposite
Normally whatever the expected results are is priced in prior to the announcement. Then once announced it depends on how close to expectations the results are as to the final longer term price movement – but what really happens is just sudden volatility. Then we have to add all the high frequency trading by the big boys algos and the result is unpredictable chaos.
IMHO trading the news is a very exciting way to trade – or should that be very exciting way to gamble – place your bets and spin that wheel.
Yes some will be making money at these times but in my experience they are usually taking it off me!
