How "Breaking News" Affects Price Action

My long standing theory is that news creates volatility that facilitates price discovery to key areas that likely already want tested. 

This was proved again with Gold on Friday when the reopening of the email case was announced. See the charts below ..

GC TS TradePlan Gold Review / Private Client Feed Long Trade - Friday October 28, 2016

Therefore I don't worry about the specifics of the news, I am just aware of when we have releases scheduled and I expect an increase in volatility at that time. 

Charts shown with the TS TradePlan Indicator

Precise Trading Plans and Trade Alerts for the:

 E-mini S&P-500 (ES), E-mini Dow (YM), E-mini NASDAQ 100, Euro (6E), Oil (CL) and Gold (GC

CL TS TradePlan Oil Review / Private Client Feed Short Trade - Friday October 28, 2016

CL TS TradePlan Oil Review / Private Client Feed Short Trade - Friday October 28, 2016

In yesterday's post we talked about the 49.75 MTS # - 49.56 LIS as being a spot to look for direction on Friday. That is where we took Friday's short.

Charts shown with the TS TradePlan Indicator

Precise Trading Plans and Trade Alerts for the:

 E-mini S&P-500 (ES), E-mini Dow (YM), E-mini NASDAQ 100, Euro (6E), Oil (CL) and Gold (GC

ES / CL Thursday October 27, 2016 Review + the Area to Watch for Direction in Oil on Friday

ES TS TradePlan E-mini S&P-500 Review - Thursday October 27, 2016

CL TS TradePlan Oil Review / Private Client Feed Short Trade - Thursday October 27, 2016 + and area to watch for direction in oil on Friday.

Charts shown with the TS TradePlan Indicator

Precise Trading Plans and Trade Alerts for the:

 E-mini S&P-500 (ES), E-mini Dow (YM), E-mini NASDAQ 100, Euro (6E), Oil (CL) and Gold (GC

CL TS TradePlan Oil Review / Private Client Feed Long Trade - Friday October 21, 2016

CL TS TradePlan Oil Review / Private Client Feed Long Trade - Friday October 21, 2016

Charts shown with the TS TradePlan Indicator

Precise Trading Plans and Trade Alerts for the:

 E-mini S&P-500 (ES), E-mini Dow (YM), E-mini NASDAQ 100, Euro (6E), Oil (CL) and Gold (GC

CL TS TradePlan Oil Review / Private Client Feed Notes - Tuesday October 4, 2016

CL TS TradePlan Oil Review - Tuesday October 4, 2016

Notes from Private Client Feed Long

Charts shown with the TS TradePlan Indicator

Precise Trading Plans and Trade Alerts for the:

 E-mini S&P-500 (ES), E-mini Dow (YM), E-mini NASDAQ 100, Euro (6E), Oil (CL) and Gold (GC