news-driven trading

[pashaev]

Follow the calendar with data releases. Buy on rumors, sell on facts.

Sometimes this sets a trend for weeks.

 

[pashaev]

What a nice recommendation. Being a newbie how do I split rumors and facts?

Rumors obviously mean a forecast in the calendar, and facts come after the actual data has been made public.

 

[Stoic]

What a nice recommendation. Being a newbie how do I split rumors and facts?

Rumors are unconfirmed assumptions, expectations, and forecasts. The facts are always confirmed.