News equals opportunity, but timing is everything. Sometimes there is chop before the announcements due to analysis paralysis and fear. Other times people front run a report only to be either disappointed or exiting on the fact after trading the expectation. Trying to work out what is actually happening is worthwhile as it will have an impact on the bottom line. My concept of envisioning the day helps this process.
Today there were a couple of good moves in the Euro in the morning and then after the ECB and ADP the markets ... well look at the pic.
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