How to Read News Data

How to Read News DataLeçon 4 sur 95 min de lecture

Wait for the number

What the chart does in the minute a release prints, and why no order belongs on the platform before it.

The rule for every high impact release is the same. The number prints first, then you look.

Nothing goes on beforehand

No new position in the minutes before a release. No pending orders left sitting there either, because they will be triggered by the release whether you are watching or not.

The reason is not that the move will go against you. The reason is that nobody in the world knows which way it goes, including the people who write the forecast.

Placing a trade before the print is picking a side of a coin.

The release candle

At the exact minute, price can cover more range than it did in the previous hour.

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