This is a “Lesson From the Room”, which are usually me ranting on an answers to a question artfully asked by my fellow traders in the room.
Here was the question (thanks Matt)
If good trade news was a “sell the news” event, is bad trade news a “buy the dip” event? Does support hold? Do we get/stay below important levels?
Unleash my answer/”rant”. Unedited, straight up from the room and copy+pasted.[Read more…]