I often had great ideas on logicfx where macro, GDP and COTA are perfectly aligned along with technical chart. Trade starts and then within a week or two the macro and COTA will change towards the other direction. Does that mean caution and get out of the trade within two weeks.
Or those metrics ( GDP, COTA & Macro) are meant to be starting point and once you are in trade then we don't need to monitor the fundamental metrics anymore. A great example is NZDJPY. Trade went perfectly well but at starting the metrics were so aligned. Now its COTA is in negative and macro numbers don't support the trade anymore. yet trade is still in massive profit and I am holding on to it. Please advise
Thanks for the wonderful explanation. This discussion board is so helpful. I am glad this question got attention of so many professional traders and I loved your LinkedIn post as well regarding this topic. Thanks for your help and wonderful explanation