There is a lot of analysis taking place regarding trading and news.
Why do people do this?
Markets move down - its because Ukraine / Kim Kardashian farts.
Markets go up - its the Federal Reserve / it’s a full moon.
Markets go sideways - CNN runs a story about cats.
Nobody seems to look at NFP when looking at the charts 15 years ago. Why?
Nobody seems to read the headline news articles from 7 years ago to determine reasons for the markets movement.
Why do we try to explain the markets moving now using news, when we only look at charts and bars and patterns in the past?
When we do back-testing, do we look at political news, or just bar patterns?
Why don’t we ignore the news now, and just read the bar formations?