Friday, March 04, 2022 4:22:33 PM
So far, the chart says hold but must people are interjecting opinion.
The report is a catalyst, a binary event. But the chart will still tell us to sell, hold, buy, take profit etc.
Adding opinion adds emotion which opens us up to trading error.
This is why most (>95%) are not consistently profitable. Fear/greed/opinion/ego.
I always talk chart because it makes it objective.
An example; the report should be out by now! That’s a silly thing to say. Nobody had any idea when the report will or will not come out. Let alone what the report will or will not say. This is we follow the chart signals.
*All my opinion. I could be wrong
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