I've learned that it's more important not to trade the news, but trade the reaction to the news.
If a really nasty number comes out (let's say ISM) but the buy programs step in, that tells us that the underlying tape is fairly strong.
Another thing I know about these financial publications is that they are often seeking a reason for market movements. Sometimes it's just pseudo-random price fluctuations.
Also I'm on the main page now, and I"m looking at the sources that you are using. Be very careful sourcing prnewswire.com because, well, they are press releases.
I clicked on a dailymarkets and it was just a syndication of forexpros.com content, try and look for primary source.
I don't know if you're basing readings off the tone of the writing, but consider sourcing in more neutral press from bloomberg/reuters.
If a really nasty number comes out (let's say ISM) but the buy programs step in, that tells us that the underlying tape is fairly strong.
Another thing I know about these financial publications is that they are often seeking a reason for market movements. Sometimes it's just pseudo-random price fluctuations.
Also I'm on the main page now, and I"m looking at the sources that you are using. Be very careful sourcing prnewswire.com because, well, they are press releases.
I clicked on a dailymarkets and it was just a syndication of forexpros.com content, try and look for primary source.
I don't know if you're basing readings off the tone of the writing, but consider sourcing in more neutral press from bloomberg/reuters.
Hope this helps.