You are here:

Home | Global Traders Association

News vs. Charts

13 Years ago | November 20, 2013 1/28/23, 12:00 AM

By Jay Meisler

There seems to be a never ending debate between those who trade strictly by charts and those who use charts as just one tool in formulating trading decisions. The former will say it is all in the charts. The latter will say that news matters. The volatility seen around news events, more often than not driven by a headline, supports those who say you have to have to be aware of the news to trade these markets effectively. I am in that camp and feel strongly that you must be aware of what is moving the market so you can evaluate what you see on charts.

 Forex news algos have changed the way the market reacts to news and at times exaggerates reactions. It tends to happen more when there is a surprise in data or a headline but you now need to look at keywords in headlines as that seems to trigger a news algo reaction. This is for a future discussion and an area I am currently researching for an article.

 One of the goals of the Global Traders Association is to bring our members resources that can enhance their trading experience. We have spent years looking for a quality real-time forex news and economic news source at an affordable price. In this regard, we are pleased to offer our members real-time audio and headline news from Talking-Forex at an affordable price + a 10% discount. Click on the following for details see Member Benefits 

Please login to read full story. Register if not a member.

Archives 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013
The message from the founder

Click Here

Review our featured articles

Click Here