For the last few sessions, I've been trading and training live — while I can't answer all of the questions live, my team and I have been collecting ones that we believe can benefit the masses. There's one question that stood out to me the most, and I wanted to address it today.
Dear ,
Yesterday, David S. asked…
GM, Kyle! How much does news play into price action?
That's actually one question I get asked a lot and it's one I believe all traders have on their mind. I get it, it can be overwhelming when deciding which style of trading works best for you.
For me personally, I'm primarily focused on catalysts — but don't get me wrong, I also look at the price action as well.
You see, there's no one type of analysis or trading style that works best. Sometimes I'll play the catalyst runup, other times I may also play a chart pattern.
Now, the short answer here is I believe news plays a large role in price action.
Let me show you what I mean by that.
Click here to continue reading…
Kyle Dennis
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