Your technical approach is valid, but you are ignoring one key fact: the macro gives meaning to your setups. Why did it bounce on that support? Maybe there was fundamental reason.
Your technical approach is valid, but you are ignoring one key fact: the macro gives meaning to your setups. Why did it bounce on that support? Maybe there was fundamental reason.
Don't underestimate the power of macro data, just because they don't react to the minute, doesn't mean they don't have any influence, it's like the tide, not a wave.
Do you want to understand the real impact of that news? Look at the institutional flows, not the 15-minute candles.
There are traders who make money without knowing who Powell is, but if you're one of those, then stop asking yourself why the market does what it does.
I used to despise the fundamentals. Today I embrace them, but I do not operate them. They only help me avoid going against the flow.
You said it yourself: you prefer to operate without opinions. Then don't torture yourself by trying to understand headlines that are only decorated.
It's ironic, isn't it? We're looking for clear signals, but we ignore the biggest ones because they don't shine.
One idea: assemble a weekly chart with macro comments glued as annotations. It will blow your head off how they align with trend twists.
You're right to separate the news, the ones that impact the spread and the ones that shape the trend, knowing what's already an advantage.
You're technical, but curious, that's the perfect combination, just don't let curiosity get you out of your plan.
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