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memory now, but. There is no reason of getting into details of technical analysis, when you can catch the moment of the statistical data output and open a transaction in total compliance with the trend direction! Top tier US events culminate with the US Non-Farm Payrolls. But it is not that simple: how to define the main trend beginning, but not either side fluctuations based on the investors uncertainty? Beginning traders are mainly focused on fundamental analysis or trading on news.
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Sine, so far, there is no reliable statistical information, it is impossible to predict how the price will change. Morning Report - US dollar on the ascendancy as Fed supports. Opecs oil production statistics, geopolitical situation, the number of drilling rigs in the United States and the statistical data on the oil reserves in the. The second strategy implies the entrance immediately after the news publication in the trend direction. Mass media manipulations, most often, in order make their decisions, beginning traders take some information from the mass media, analytical publications and forums, and market makers take some advantages of this.
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