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Currency Futures

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  #1952 (permalink)

Miami FL USA
Trading Experience: Advanced
Platform: Ensign 10, NT7 DOM
Broker/Data: IB, IQ
Favorite Futures: Currency Futures
Cashish's Avatar
Posts: 803 since May 2011
Thanks: 811 given, 2,112 received

lllusion View Post
I was wondering if there were ways to find clues or news sources that might show what caused such a sudden bullish sentiment in the market around that time.

@lllusion After the fact the talking heads always seem to find ways of justifying market moves by the 6pm news cycle but IMO if (we) don't have an "insider" at Bloomberg, Reuters or AP on our payroll we'll always be 10 seconds behind. To me it's cheaper to use stops. It only takes one panicked stricken trader to inch a market into an area where "all hell breaks loose."

After the fact, I find Big Mike's Trading Forum a pretty good resource.

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