Talking Points: • 'Buy the rumor, sell the news' is a frequently used platitude in trading that overly simplifies reality • The 'buy the rumor' component speaks to speculation guiding market levels but 'sell the news' is rarely wise • We consider this particular trading aphorism with the recent Brexit milestone, FOMC hike and US policy promises Read the full article here: https://www.dailyfx.com/forex/video/live_events/2017/03/30/Strategy-Video-Buy-the-Rumor-Sell-the-News-Logic-on-Brexit-Fed-Hikes-US-Policy.html #News #GBPUSD #Brexit #FOMC @JohnKicklighter
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Duration: 18m 43s
Rating: 7