Trading Strategy When News Breaks
Scheduled News Announcements Affect Emini Price Action
The best strategy for traders when news breaks is wait until a reasonable assessment of market direction can be made. The key word is WAIT. The most important piece of information every trader wants to know is “where is the market going today?”.
If you can determine market direction after news breaks, the odds will be more in your favor. But on most days, the market moves in accordance with nearby averages, and that’s why Taylor’s Trading Technique is so effective. On those days, the market tracks the calculated trading zone. The Taylor calculations are difficult and most traders don’t know how to perform the calculations. That’s why these traders trade by guesswork. They don’t have the info telling them where the market is likely to trade.
On most days there is no breaking news to upset normal market price action. On these days, the Taylor Trading Technique is most accurate. At Timelessdollar.com, I calculate the Taylor numbers every day, and report them as a subscription. You can try it free for a week. You won’t want to trade without them ever again. Using the Taylor Trading Technique is the best strategy for traders.
Emini futures need as much information as possible to make better trading decisions. Market prices move erratically, but the Trading Zone is based on calculations developed by George Taylor 75 years ago.
Almost all professional traders know and use the day’s trading zone to help them make profitable trades – because the trading zone has proven to be the next best thing to having a crystal ball. Click the button for a FREE trial subscription.
Having as much information as possible gives S&P emini day traders a big advantage over “seat of the pants” traders. It cannot be stressed enough that without learning as much as possible about the market, it is highly unlikely that a trader will succeed at making money by day trading S&P emini futures, much less in a trading career.
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