FOCUS ON PRICE ACTION, NOT NEWS
🎯 Price action on the chart often reflects what fundamental news has to offer ahead of time. Market prices are the footprints of money flow, representing traders' expectations for the future, rather than simply reacting to publicly announced information. The market does not move based on current news, but rather on how it predicts upcoming events.
💡 When news is made public, large traders have already analyzed and priced it in beforehand. Therefore, predicting or reacting to news after it appears often does not provide a real advantage. Price charts, on the other hand, are where all expectations, fears, and emotions of the market converge. Observing price action helps you understand how the market is operating without being distorted by unnecessary information.
🔑 Core message: As a trader, learn to read the charts instead of relying on news. The chart is the true language of the market, containing all the necessary information. Focusing on price action will help you make more accurate decisions and navigate the complexities of news events.
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📉 Price action,
💸 Footprints of money flow,
📰 News has been revealed.
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