Types of Market Reactions: 3. Do Nothing

July 9, 2012 by Kelvin Ching Leave a Comment

3 Types Of Market Reactions – Closer Look:

3. Do Nothing

When we have a conflict in the news releases, such as Employment Changes better but Unemployment Rate higher, then it is always better to stay out of the market and do nothing.

Also if we are expecting the market to SELL USD on a worse than expected news from U.S., but instead the market start to BUY USD, then stay out of the market until you figure out why it is happening. Remember, when in doubt, stay out!

About Kelvin Ching

I'm a professional Forex trader and I have been trading for over 7 years. I was a series 3 broker and a registered CTA with the NFA, the main regulatory agency in the United States, and I have been involved at the highest levels in commodity trading. I also have a background in Information Technology, graphics design, and programming... I'm the co-founder of CurrencyNewsTrading.com, a site dedicated to fundamental analysis and news trading.