Trade to Win - Proven Strategies to Make Money

c07 JWBT016-Busby October 1, 2008 21:9 Printer: TBD

News Pays 91

FIGURE 7.1 A 30-minute chart of the E-mini on May 17, 2007.

At DTI, we regularly trade news. On May 2, 2008, employment news

was released. The employment situation data was predicted to be bleak.

However, when the news was reported, the numbers were far better than

analysts had hoped. Anytime there is a significant deviation from the pre-

dicted numbers, the market reacts. On this day there was a big move up and

FIGURE 7.2 A 30-minute E-mini S&P chart for May 11, 2007.