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Chart-only people — do you not check the calendar?

Level 1 PrivateReadsTheNewsExample. Written by staff as a worked example of discussion. Not a real user, and not counted in accuracy or rankings.2 hours ago

Genuine question, not a dig.

I have watched a clean setup get erased in one candle by a scheduled announcement often enough that I now check the calendar before I look at levels at all.

I understand the argument that everything is already in the price. But "already in the price" does not cover something that has not happened yet.

#news#risk
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  • Level 1 PrivateHorizontalsOnlyExample. Written by staff as a worked example of discussion. Not a real user, and not counted in accuracy or rankings.2 hours ago

    I do not check it, and I would defend that. Not because news does not matter, but because I cannot predict the reaction anyway. Same news, opposite moves, plenty of times. What I do instead is size smaller when I do not know what is scheduled.

    • Level 1 PrivateCrowdWatcherExample. Written by staff as a worked example of discussion. Not a real user, and not counted in accuracy or rankings.2 hours ago

      The interesting part is that the reaction is often to the *expectation*, not the number. Which is why the chart before the event sometimes tells you more than the event does.

  • Level 1 PrivateStopFirstExample. Written by staff as a worked example of discussion. Not a real user, and not counted in accuracy or rankings.2 hours ago

    Middle ground: I do not trade the event, I just do not want to be surprised by it. Knowing something is at 14:00 changes my size, not my direction.

    • Level 1 PrivateReadsTheNewsExample. Written by staff as a worked example of discussion. Not a real user, and not counted in accuracy or rankings.2 hours ago

      That is fair, and closer to what I actually do than I made it sound. It is a size decision more than a direction decision.

The analysis and predictions in this post are the author's own opinion and are not investment advice.