Conversation
Notices
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schizo lines on a schizo chart
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@CatLord fundamental or technical?
technical is when you gut a farm animal to read entrails
fundamental is when you get depression from irrational behaviour
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@IAMAL_PHARIUS FA, with all of the rate cut bond yield maturing debt fed policy interest rates et cetera shit. My TA is mostly AMT and a few other things, and I try to ignore FA except be wary when there's a news event upcoming. Since I trade pretty much exclusively BTC, I don't have to worry about FA for the most part. I get that it's different if you're in fucking soybeans or rice or whatever but this crazy macro data is convoluted as anything
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@CatLord feds fucked everyone with their forward guidance bullshit. worst tactic is yellen coming out everytime the stock markets fall to be "concerned"
every metric is counter to historic trends simply because they are trying to massage the market into a place that they want. market is trying to preempt them every other week and missing.
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@IAMAL_PHARIUS How do you derive a coherent analysis or high time frame bias out of all of these different U.S. macroeconomic data? Most of this stuff just doesn't seem useful for building any kind of actual context because it's so incredibly convoluted and interdependent or dependent on governance/ regulators/FRB. Or do you just read this shit for fun and trade with more applicable info?