Noisy in that it’s driven by a variety of factors. I sat on a macro desk trading fx— small variations in policy and regime have meaningful trading ramifications. If you don’t pay attention or believe there is value in that information, I’d like you as a counter party.
Sure. To benefit from those catalysts you have to be IN the market BEFORE it happens. And that requires a whole new thinking. And yes, once you think that way you no longer care WHEN they happen as long as they DO happen. Trading events after they happen is just a losers game. Eventually. Someone is always the other side of you (or me). Even during Brexit. I wonder who was stupid enough that night ? Oh yes, the smartest players in town Without those guys market volatility would have a whole new meaning.