Saturday, January 22, 2011

How to trade economic data even if you don?t understand it

During the beginning of my trading career it was difficult to decipher the numbers that were released with economic data.One of the biggest challenges is to determine which category of information is more accurate and the market will react to.For example, often times we will see economic data released that not only has the headline numbers for the report but also core numbers. It was said for some time that it was mostly the US that chose to focus on core numbers. While many disagree with

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