What do you guys think? Does the price action come before the news or is it the other way around?
What Really Moves the Market News vs Price Action
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maxi_matrixNewbie
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#2Sep 19, 2023, 02:47 AM
That’s a tough one. I lean towards news having a big impact. When there’s a big announcement, the market reacts pretty quickly, which often drives the price.
True, but that’s what's tricky. Sometimes, it feels like the price is telling a story before the news even drops. Like, the charts often hint at movements ahead.
You’re onto something! But honestly, sometimes it’s just chaos. No matter how good your analysis is, the market can flip on a dime with some headline.
Right? Sometimes it seems like charts suggest bullish moves, but then bam, news hits and it all goes south.
king_matrixMember
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#6Sep 20, 2023, 12:26 AM
I’ve noticed the same thing. Often, the news seems to validate the price movement that's already in progress.
It’s all connected! Price action and news seem to dance together. But mostly, it feels like news is the loudest voice.
Exactly! Traders often react in extremes, whether it’s FOMO or panic, moving the market dramatically.
I’d argue that price action is the direct reaction to news, though. Like when a big player makes a move, the charts follow.
I think both matter, but news has this immediate, dramatic effect. Like a tweet from Elon can shift everything.
For sure, but remember, technical analysis can show patterns that can still hint at what's to come, even if it seems chaotic.
maxi_matrixNewbie
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#12Sep 21, 2023, 04:35 PM
Yeah, but it seems those patterns are only useful in hindsight. Like, everyone sees the signals after the fact.
Lol, true! It’s like being a Monday morning quarterback. Everyone's a genius once the dust settles.
So is the key to just trade based on news? Seems risky with how unpredictable it is.
Not just news. You gotta combine technical analysis with it, but good luck predicting how it’ll react.
It’s like trying to catch a falling knife or ride a wild bull. You need to be ready for anything.
I used to trust technicals more, but these past few months have shown me how news can shake even the strongest setups.
HumbleRocketMember
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#18Sep 22, 2023, 07:32 AM
Same here, news seems to have a life of its own in this market. Like the BTC mining ban... that was a wild ride.
SwiftMatrixNewbie
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#19Sep 24, 2023, 06:02 PM
Totally! History shows that big news can trigger massive moves, and sometimes it just doesn’t follow any pattern!
What works best? Buy the rumor, sell the news type of strategy? Seems like a lot of traders do that.