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Understanding the ways in which the news impacts the charts is crucial in preventing big losses in our capital and this is why we need to always be aware of the types of news events that could be coming out and the ways in which we can either avoid them completely or be extra cautious if we are going to trade through them. In this episode we will be explaining how both planned news events and unplanned news events can impact the charts in the form of high impact news and how this can cause high volatility and very uncertain consolidating price action. You will be learning when it is best to stay out of the markets and protect your capital and how you should be solely using the news to indicate volatility and not to predict market direction.
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