the other thing about news trading especially in stocks is when a company give bad earnings while price is at the lows the stock will rally....contrarianism baby...same thing happens with forex news...bad news at the lows will almost always cause price to jump and great news at the highs price will always drop since news was already priced in and there no new suckers except for retail traders to buy
trade like the 5% contrarians not the 95% losers
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