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Created: 9 January 2014
Written by: Dary McGovern
Originally featured in Shares Magazine
A simple but effective strategy to trade breaking news.
Typically the type of news that drives share prices are earnings announcements, market analyst reports, contract wins or product announcements such as approval to commence drug trials. If you are trading foreign exchange (forex) then it is typically economic statements such as gross domestic product, interest rates or employment figures that matter. The secret to trading success is in interpreting the news and timing your entry and exit trades accordingly.
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