The biggest lie in currency speculation is:
The data release is bullish, so it will rise in the future.
In fact, future rises and falls have nothing to do with data, and the rise will not be attributed to data.
For example:
The CPI data is bullish, so I think it will rise in the future.
In fact, future rises and falls have nothing to do with data, and the rise will not be attributed to CPI.
For example:
The employment data is bullish, so I think it will rise in the future.
In fact, future rises and falls have nothing to do with data, and the rise will not be attributed to employment data.
For example:
The non-farm payroll data is bullish, so I think it will rise in the future.
In fact, future rises and falls have nothing to do with data, and the rise will not be attributed to non-farm payrolls.
As mentioned above, in all future directions, most of the influencers attribute themselves to their own accuracy.
Everything is lies and hype!