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Long Term News Effect

  • #1
  • First Post: Mar 9, 2007 8:45pm Mar 9, 2007 8:45pm
A Big Movement normally occurs after an important News (economic) release. Sometimes this movement is over in minutes. But is it possible to see a sustained move based on these reports? what do the long term or medium trader do with these reports?
  • #2
  • Mar 11, 2007 7:57pm Mar 11, 2007 7:57pm
anyone? no insights? no?
  • #3
  • Mar 11, 2007 8:36pm Mar 11, 2007 8:36pm
Quoting don perry
A Big Movement normally occurs after an important News (economic) release. Sometimes this movement is over in minutes. But is it possible to see a sustained move based on these reports? what do the long term or medium trader do with these reports?
As soon as new..news comes out, it is a different ball game completely. You cannot attribute a long term trend on news that occured weeks nor months ago. The currency market does not work that way.

Good Luck trading this week Don Perry
  • #4
  • Mar 11, 2007 9:11pm Mar 11, 2007 9:11pm
thanks. good luck too.

i was just curious that's all.
  • #5
  • Mar 15, 2007 6:04pm Mar 15, 2007 6:04pm
I think badnews make all of trader becarefull of their step. But, some of traders who do not want to make news as their guide may fall down when the crisis happen...
  • #6
  • Mar 15, 2007 6:05pm Mar 15, 2007 6:05pm
o.....k
  • #7
  • Last Post: Mar 15, 2007 6:13pm Mar 15, 2007 6:13pm
Hey Don

Hope that you had an excellent trading day. Don, what kind of experiences did you have pertaining to long term news effects?
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