A news trading strategy takes into account:
✔ News and market expectations before news releases.
✔ News and market expectations after news releases.
News trading tips:
👉 News can travel very quickly on digital media, so you need to be quick.
👉 You should make a quick judgment to figure out if the news already fully factored into the price?
👉 If the price is not matching the expectations how far it is from the expected number?
👉 Use any news as an individual entry and if there is more than one news use your judgment for the combined outcome.
👉 Have a strategy for any specific news release.
👉 Market moves are based on demand and supply and demand is heavily affected by the news.
👉 Every day there is a lot of news so we have lots of opportunities to trade.
👉 The market normally gets volatile if the news is not as per expectations.
👉 Use stop-loss using the previous resistance and support lines.
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