O'Reilly logo

The New Commodity Trading Guide: Breakthrough Strategies for Capturing Market Profits by George Kleinman

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 6The Significant News Indicator

“First the doctor told me the good news: I was going to have a disease named after me.”

—Steve Martin

As long as markets have existed, savvy traders have paid attention to the market’s reaction to significant (potentially market-moving) news. This was true in the days of the ticker tape and is still true in today’s electronic age.

Significant news should, by definition, result in a significant market reaction. But it doesn’t always happen, and many times the reaction is opposite of what’s commonly expected. In this chapter, I present my “significant news indicator” (SNI). The SNI will help you trade the market’s reaction to news. It’s as much a trading philosophy as an indicator, but because we’re able ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required