Category Archives: Longs

Trading the News

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After the seemingly unstoppable Russian Ruble + Oil price collapse, on Wednesday the market actually managed to close higher.

Yesterday we were just writing in our E-mini daily analysis that once the market reaches very oversold levels the bounce is always inevitable and that one should be careful when listening to the news: the falling oil prices and the Russian Ruble collapse were everywhere on the headlines, but you cannot know when the market will turn using the news. We have recently posted a humorous YouTube video on why you should avoid “Trading the News”.

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