{"id":49592,"date":"2020-02-04T10:53:35","date_gmt":"2020-02-04T15:53:35","guid":{"rendered":"https:\/\/www.smbtraining.com\/blog\/?p=49592"},"modified":"2020-02-04T10:53:35","modified_gmt":"2020-02-04T15:53:35","slug":"how-to-use-the-past-to-improve-your-trading-breaking-news-trade","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade","title":{"rendered":"How To Use The Past To Improve Your Trading (breaking news trade)"},"content":{"rendered":"

In this video for the trading community, learn how to use the past, similar trading events to the present, to improve your trading. A proprietary trader from our firm breaks down a Breaking News trade, spurred by a research piece, that spotlights how studying the past – similar trading events – can help us make winning trades.<\/p>\nView Video Transcript<\/strong><\/span>

\n
\n
\n
in this video for the trading community<\/div>\n<\/div>\n<\/div>\n
\n
\n
learn how to use the past by that I mean<\/div>\n<\/div>\n<\/div>\n
\n
\n
similar trading events to the present to<\/div>\n<\/div>\n<\/div>\n
\n
\n
make winning trades hi Mike bellafiore<\/div>\n<\/div>\n<\/div>\n
\n
\n
co-founder of SMB capital we’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
proprietary trading firm located in<\/div>\n<\/div>\n<\/div>\n
\n
\n
midtown Manhattan and all mostly off of<\/div>\n<\/div>\n<\/div>\n
\n
\n
the trading classic one good trade and<\/div>\n<\/div>\n<\/div>\n
\n
\n
the PlayBook in this video lesson a<\/div>\n<\/div>\n<\/div>\n
\n
\n
proprietary trader from our firm breaks<\/div>\n<\/div>\n<\/div>\n
\n
\n
down a breaking news trade spurred by a<\/div>\n<\/div>\n<\/div>\n
\n
\n
research piece that spotlights how<\/div>\n<\/div>\n<\/div>\n
\n
\n
studying the past similar trading events<\/div>\n<\/div>\n<\/div>\n
\n
\n
can help us make winning trades<\/div>\n<\/div>\n<\/div>\n
\n
\n
[Music]<\/div>\n<\/div>\n<\/div>\n
\n
\n
this trade was made this past Tuesday in<\/div>\n<\/div>\n<\/div>\n
\n
\n
L ope I was a breaking news event and it<\/div>\n<\/div>\n<\/div>\n
\n
\n
was a short piece that came out for<\/div>\n<\/div>\n<\/div>\n
\n
\n
citron research and it was a scalp to<\/div>\n<\/div>\n<\/div>\n
\n
\n
the downside so this type of breaking<\/div>\n<\/div>\n<\/div>\n
\n
\n
news event is a short seller hit piece<\/div>\n<\/div>\n<\/div>\n
\n
\n
which is basically when a font who is<\/div>\n<\/div>\n<\/div>\n
\n
\n
know primarily for short positions it’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
a friend who is very active in taking<\/div>\n<\/div>\n<\/div>\n
\n
\n
the short side they believe maybe a<\/div>\n<\/div>\n<\/div>\n
\n
\n
company is overstating financials where<\/div>\n<\/div>\n<\/div>\n
\n
\n
something shady is going on and so<\/div>\n<\/div>\n<\/div>\n
\n
\n
they’ll release valuations and the<\/div>\n<\/div>\n<\/div>\n
\n
\n
release opinions on why they have a<\/div>\n<\/div>\n<\/div>\n
\n
\n
short bias and why they should be short<\/div>\n<\/div>\n<\/div>\n
\n
\n
in this stock some other prominent<\/div>\n<\/div>\n<\/div>\n
\n
\n
shorts activist firms are in the big<\/div>\n<\/div>\n<\/div>\n
\n
\n
research spruce point capital good best<\/div>\n<\/div>\n<\/div>\n
\n
\n
practice to be following some of these<\/div>\n<\/div>\n<\/div>\n
\n
\n
short research activists who can move<\/div>\n<\/div>\n<\/div>\n
\n
\n
stocks so I got together a few other<\/div>\n<\/div>\n<\/div>\n
\n
\n
examples I wanted to see how this chart<\/div>\n<\/div>\n<\/div>\n
\n
\n
that I’ll show later in this playbook<\/div>\n<\/div>\n<\/div>\n
\n
\n
compared to other short hit pieces when<\/div>\n<\/div>\n<\/div>\n
\n
\n
they were released so this is fleet Corp<\/div>\n<\/div>\n<\/div>\n
\n
\n
from citron research they put out a<\/div>\n<\/div>\n<\/div>\n
\n
\n
piece calling this the biggest Clean<\/div>\n<\/div>\n<\/div>\n
\n
\n
Energy fraud in the United States<\/div>\n<\/div>\n<\/div>\n
\n
\n
history you can see that volume bar that<\/div>\n<\/div>\n<\/div>\n
\n
\n
came in when that news was released and<\/div>\n<\/div>\n<\/div>\n
\n
\n
how the stock reacted so similarly<\/div>\n<\/div>\n<\/div>\n
\n
\n
citron also posted a short piece on<\/div>\n<\/div>\n<\/div>\n
\n
\n
pellets arm this was back in December of<\/div>\n<\/div>\n<\/div>\n
\n
\n
this past year they said a five dollar<\/div>\n<\/div>\n<\/div>\n
\n
\n
price target they released this midday<\/div>\n<\/div>\n<\/div>\n
\n
\n
and there’s a similar reaction to the<\/div>\n<\/div>\n<\/div>\n
\n
\n
downside where we have this huge uptick<\/div>\n<\/div>\n<\/div>\n
\n
\n
in volume but there’s some indecision<\/div>\n<\/div>\n<\/div>\n
\n
\n
right off of right off the news whether<\/div>\n<\/div>\n<\/div>\n
\n
\n
this triggers action on the other side<\/div>\n<\/div>\n<\/div>\n
\n
\n
there’s some indecision that’s repeated<\/div>\n<\/div>\n<\/div>\n
\n
\n
in this past one and in the next example<\/div>\n<\/div>\n<\/div>\n
\n
\n
small direct club this one was not so<\/div>\n<\/div>\n<\/div>\n
\n
\n
strong Hindenburg wouldn’t released an<\/div>\n<\/div>\n<\/div>\n
\n
\n
evaluation on this company they said<\/div>\n<\/div>\n<\/div>\n
\n
\n
that the market value was about there<\/div>\n<\/div>\n<\/div>\n
\n
\n
was room for an 85 percent downside and<\/div>\n<\/div>\n<\/div>\n
\n
\n
this was released at 9:44 on this day<\/div>\n<\/div>\n<\/div>\n
\n
\n
you can see the volume bar right as that<\/div>\n<\/div>\n<\/div>\n
\n
\n
piece was released and what happened to<\/div>\n<\/div>\n<\/div>\n
\n
\n
the stock so a similar pattern we can<\/div>\n<\/div>\n<\/div>\n
\n
\n
see is that<\/div>\n<\/div>\n<\/div>\n
\n
\n
is a little bit of indecision right as<\/div>\n<\/div>\n<\/div>\n
\n
\n
the news is released there’s an uptick<\/div>\n<\/div>\n<\/div>\n
\n
\n
of volume and throughout the rest of the<\/div>\n<\/div>\n<\/div>\n
\n
\n
day there’s there’s a opportunity to<\/div>\n<\/div>\n<\/div>\n
\n
\n
catch a bounce at some point or another<\/div>\n<\/div>\n<\/div>\n
\n
\n
so yeah go back to that I really like<\/div>\n<\/div>\n<\/div>\n
\n
\n
what you’re doing here<\/div>\n<\/div>\n<\/div>\n
\n
\n
this is a terrific best practice so<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’re trading citron hippies well great<\/div>\n<\/div>\n<\/div>\n
\n
\n
question to be asking yourself is hey<\/div>\n<\/div>\n<\/div>\n
\n
\n
let me go back and look at the last<\/div>\n<\/div>\n<\/div>\n
\n
\n
three or the last five occurrences when<\/div>\n<\/div>\n<\/div>\n
\n
\n
a citron hit piece came out let me go<\/div>\n<\/div>\n<\/div>\n
\n
\n
back and look at the last three or five<\/div>\n<\/div>\n<\/div>\n
\n
\n
of them because that is what’s happened<\/div>\n<\/div>\n<\/div>\n
\n
\n
most recently we don’t want to go back<\/div>\n<\/div>\n<\/div>\n
\n
\n
and look at the last hundred we want to<\/div>\n<\/div>\n<\/div>\n
\n
\n
know hey what are the last three or five<\/div>\n<\/div>\n<\/div>\n
\n
\n
how has the market reacted to a hit<\/div>\n<\/div>\n<\/div>\n
\n
\n
piece from citron and get a sense as to<\/div>\n<\/div>\n<\/div>\n
\n
\n
what this potential hit piece can do so<\/div>\n<\/div>\n<\/div>\n
\n
\n
and and you want to and you want to be<\/div>\n<\/div>\n<\/div>\n
\n
\n
doing that and keep that in mind when<\/div>\n<\/div>\n<\/div>\n
\n
\n
something like this comes out now you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know for something like spruce point<\/div>\n<\/div>\n<\/div>\n
\n
\n
he’s gonna tee that up<\/div>\n<\/div>\n<\/div>\n
\n
\n
I don’t think citron tees them up as<\/div>\n<\/div>\n<\/div>\n
\n
\n
much as Bruce Point does but or you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
so so Ben’s gonna send out an email<\/div>\n<\/div>\n<\/div>\n
\n
\n
tweet out hey I’ve got something coming<\/div>\n<\/div>\n<\/div>\n
\n
\n
and if he does you certainly want to go<\/div>\n<\/div>\n<\/div>\n
\n
\n
back and say hey the last time spruce<\/div>\n<\/div>\n<\/div>\n
\n
\n
point had a hit piece on stocks let me<\/div>\n<\/div>\n<\/div>\n
\n
\n
go look at the last three to five<\/div>\n<\/div>\n<\/div>\n
\n
\n
occurrences what happened and take a<\/div>\n<\/div>\n<\/div>\n
\n
\n
look at that and what happens changes if<\/div>\n<\/div>\n<\/div>\n
\n
\n
you want to learn three real-world<\/div>\n<\/div>\n<\/div>\n
\n
\n
setups that our traders use including<\/div>\n<\/div>\n<\/div>\n
\n
\n
the simple setup that we teach all of<\/div>\n<\/div>\n<\/div>\n
\n
\n
our new traders and the setup that<\/div>\n<\/div>\n<\/div>\n
\n
\n
turned one of our traders into a<\/div>\n<\/div>\n<\/div>\n
\n
\n
seven-figure big money earner check out<\/div>\n<\/div>\n<\/div>\n
\n
\n
the free webinar that we’re currently<\/div>\n<\/div>\n<\/div>\n
\n
\n
running just go ahead and click the link<\/div>\n<\/div>\n<\/div>\n
\n
\n
that should be appearing right now at<\/div>\n<\/div>\n<\/div>\n
\n
\n
the top right hand corner of your screen<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s going to open up this free<\/div>\n<\/div>\n<\/div>\n
\n
\n
registration page<\/div>\n<\/div>\n<\/div>\n
\n
\n
the new window so don’t worry you’re not<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna lose this video you’re gonna learn<\/div>\n<\/div>\n<\/div>\n
\n
\n
more in a couple of hours from this<\/div>\n<\/div>\n<\/div>\n
\n
\n
trading workshop than from years of<\/div>\n<\/div>\n<\/div>\n
\n
\n
online education so there’s periods when<\/div>\n<\/div>\n<\/div>\n
\n
\n
these guys get really hot and they’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
hit pieces come out and the stocks trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
weekly and they continue weekly lower<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then there’s periods when they get<\/div>\n<\/div>\n<\/div>\n
\n
\n
hit on the market market sells it off a<\/div>\n<\/div>\n<\/div>\n
\n
\n
little bit but then there’s a bounce<\/div>\n<\/div>\n<\/div>\n
\n
\n
opportunity max I think you might have<\/div>\n<\/div>\n<\/div>\n
\n
\n
mentioned this and and I remember you<\/div>\n<\/div>\n<\/div>\n
\n
\n
talking about this in training at one<\/div>\n<\/div>\n<\/div>\n
\n
\n
point if I’m if I’m correct but you’ll<\/div>\n<\/div>\n<\/div>\n
\n
\n
see that pattern I mean this is a trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
the trade is there is a particular short<\/div>\n<\/div>\n<\/div>\n
\n
\n
activist that’s putting out a hit piece<\/div>\n<\/div>\n<\/div>\n
\n
\n
how has the market reacted recently and<\/div>\n<\/div>\n<\/div>\n
\n
\n
it’s it’s not necessarily just about<\/div>\n<\/div>\n<\/div>\n
\n
\n
whether or not this person is right or<\/div>\n<\/div>\n<\/div>\n
\n
\n
not it’s not even necessarily about<\/div>\n<\/div>\n<\/div>\n
\n
\n
whether his eye his analysis is<\/div>\n<\/div>\n<\/div>\n
\n
\n
particularly persuasive or not it’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
housing market reacting how are the<\/div>\n<\/div>\n<\/div>\n
\n
\n
bigger players reacting when something<\/div>\n<\/div>\n<\/div>\n
\n
\n
like this comes out so just like we had<\/div>\n<\/div>\n<\/div>\n
\n
\n
a meeting in here just before and there<\/div>\n<\/div>\n<\/div>\n
\n
\n
are some traders that are doing some<\/div>\n<\/div>\n<\/div>\n
\n
\n
historical studies to give them some<\/div>\n<\/div>\n<\/div>\n
\n
\n
edge for how the market is going to<\/div>\n<\/div>\n<\/div>\n
\n
\n
finish on a particular intraday so if we<\/div>\n<\/div>\n<\/div>\n
\n
\n
gap down and we’re near the lows on an<\/div>\n<\/div>\n<\/div>\n
\n
\n
intraday what is the likelihood that<\/div>\n<\/div>\n<\/div>\n
\n
\n
we’ll finish at the lows they’ll ask a<\/div>\n<\/div>\n<\/div>\n
\n
\n
question they’ll query and they’ll get<\/div>\n<\/div>\n<\/div>\n
\n
\n
an answer for it and they’ll they’ll get<\/div>\n<\/div>\n<\/div>\n
\n
\n
a reading and sometimes the readings are<\/div>\n<\/div>\n<\/div>\n
\n
\n
e if we gap down and the markets been<\/div>\n<\/div>\n<\/div>\n
\n
\n
really strong of late there’s good odds<\/div>\n<\/div>\n<\/div>\n
\n
\n
that that’s going to finish high of day<\/div>\n<\/div>\n<\/div>\n
\n
\n
and so they’re asking questions they’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
getting answers and they’re using it to<\/div>\n<\/div>\n<\/div>\n
\n
\n
give themselves a better<\/div>\n<\/div>\n<\/div>\n
\n
\n
to make better decisions and so you’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
taking that and you’re applying that to<\/div>\n<\/div>\n<\/div>\n
\n
\n
this and so you know it seems like I’m<\/div>\n<\/div>\n<\/div>\n
\n
\n
taking a quick look back that there’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
that quick move down which is a good<\/div>\n<\/div>\n<\/div>\n
\n
\n
opportunity and then and then and then<\/div>\n<\/div>\n<\/div>\n
\n
\n
there’s a good bounce opportunity and so<\/div>\n<\/div>\n<\/div>\n
\n
\n
knowing that gives yourself more data<\/div>\n<\/div>\n<\/div>\n
\n
\n
and and and you’re better you’re better<\/div>\n<\/div>\n<\/div>\n
\n
\n
planning you’re better prepared to think<\/div>\n<\/div>\n<\/div>\n
\n
\n
about how this might rate if you didn’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
do that maybe you would just say maybe<\/div>\n<\/div>\n<\/div>\n
\n
\n
we would just think to yourself oh I<\/div>\n<\/div>\n<\/div>\n
\n
\n
said sure on hit peace comes out that<\/div>\n<\/div>\n<\/div>\n
\n
\n
makes sense<\/div>\n<\/div>\n<\/div>\n
\n
\n
this stocks up a bunch let me just short<\/div>\n<\/div>\n<\/div>\n
\n
\n
it and not perhaps think about the<\/div>\n<\/div>\n<\/div>\n
\n
\n
potential for a bounce but that’s good<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s a very good best practice what<\/div>\n<\/div>\n<\/div>\n
\n
\n
has the history the recent history shown<\/div>\n<\/div>\n<\/div>\n
\n
\n
me about a hip piece like this and how a<\/div>\n<\/div>\n<\/div>\n
\n
\n
stock has traded that I can use going<\/div>\n<\/div>\n<\/div>\n
\n
\n
forward big picture the overall market<\/div>\n<\/div>\n<\/div>\n
\n
\n
over the past few weeks we just<\/div>\n<\/div>\n<\/div>\n
\n
\n
continued to hit new highs solid ating<\/div>\n<\/div>\n<\/div>\n
\n
\n
near 230 at the end of last week until<\/div>\n<\/div>\n<\/div>\n
\n
\n
this news came out the coronavirus and<\/div>\n<\/div>\n<\/div>\n
\n
\n
we had a really sharp reaction to the<\/div>\n<\/div>\n<\/div>\n
\n
\n
downside the market traded a little bit<\/div>\n<\/div>\n<\/div>\n
\n
\n
lower and gapped down Monday morning<\/div>\n<\/div>\n<\/div>\n
\n
\n
hitting a low of 322 and investor<\/div>\n<\/div>\n<\/div>\n
\n
\n
sentiment is still somewhat negative so<\/div>\n<\/div>\n<\/div>\n
\n
\n
there’s no systemic push higher that<\/div>\n<\/div>\n<\/div>\n
\n
\n
could have caused a low p\/e the short<\/div>\n<\/div>\n<\/div>\n
\n
\n
position to maybe bounce back quicker<\/div>\n<\/div>\n<\/div>\n
\n
\n
than otherwise<\/div>\n<\/div>\n<\/div>\n
\n
\n
lopa also on a longer term timeframe<\/div>\n<\/div>\n<\/div>\n
\n
\n
they had been above their 50-day moving<\/div>\n<\/div>\n<\/div>\n
\n
\n
average and just the day prior Monday<\/div>\n<\/div>\n<\/div>\n
\n
\n
afternoon at the close they closed<\/div>\n<\/div>\n<\/div>\n
\n
\n
before are they closed I’m sorry<\/div>\n<\/div>\n<\/div>\n
\n
\n
underneath of this 50-day moving average<\/div>\n<\/div>\n<\/div>\n
\n
\n
for the first time in well over a month<\/div>\n<\/div>\n<\/div>\n
\n
\n
so some intraday fundamentals<\/div>\n<\/div>\n<\/div>\n
\n
\n
I see the ATR provides enough liquidity<\/div>\n<\/div>\n<\/div>\n
\n
\n
a stock can’t move or I’m sorry the ATR<\/div>\n<\/div>\n<\/div>\n
\n
\n
provides enough volatility the stock can<\/div>\n<\/div>\n<\/div>\n
\n
\n
move the average daily volume is not<\/div>\n<\/div>\n<\/div>\n
\n
\n
above 1 million which<\/div>\n<\/div>\n<\/div>\n
\n
\n
not something that I would love to trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
but in this scenario where there is a<\/div>\n<\/div>\n<\/div>\n
\n
\n
short piece that comes out that news<\/div>\n<\/div>\n<\/div>\n
\n
\n
would be reacted to much much greater<\/div>\n<\/div>\n<\/div>\n
\n
\n
because there isn’t as much volume<\/div>\n<\/div>\n<\/div>\n
\n
\n
coming in and out of the stock there are<\/div>\n<\/div>\n<\/div>\n
\n
\n
less buyers and sellers that are pinning<\/div>\n<\/div>\n<\/div>\n
\n
\n
the price to one it’s one specific spot<\/div>\n<\/div>\n<\/div>\n
\n
\n
they are vol 6 that there’s a ton of<\/div>\n<\/div>\n<\/div>\n
\n
\n
people that just came in and and was<\/div>\n<\/div>\n<\/div>\n
\n
\n
reacting to this news and showing that<\/div>\n<\/div>\n<\/div>\n
\n
\n
the news was significant the short float<\/div>\n<\/div>\n<\/div>\n
\n
\n
wasn’t anywhere where it would be an<\/div>\n<\/div>\n<\/div>\n
\n
\n
issue and the institutional ownership<\/div>\n<\/div>\n<\/div>\n
\n
\n
and 99.5 percent shows that they have a<\/div>\n<\/div>\n<\/div>\n
\n
\n
significant holding in this company<\/div>\n<\/div>\n<\/div>\n
\n
\n
institutions too and that if they make a<\/div>\n<\/div>\n<\/div>\n
\n
\n
decision they can tend to move the price<\/div>\n<\/div>\n<\/div>\n
\n
\n
in one direction and potentially say in<\/div>\n<\/div>\n<\/div>\n
\n
\n
this example if they saw this and they<\/div>\n<\/div>\n<\/div>\n
\n
\n
agreed they wanted to exit they could<\/div>\n<\/div>\n<\/div>\n
\n
\n
potentially hit a sell order and just<\/div>\n<\/div>\n<\/div>\n
\n
\n
sell incrementally throughout the rest<\/div>\n<\/div>\n<\/div>\n
\n
\n
of the day all right good and so the<\/div>\n<\/div>\n<\/div>\n
\n
\n
other way to think about this trade is<\/div>\n<\/div>\n<\/div>\n
\n
\n
after the news is released what is the<\/div>\n<\/div>\n<\/div>\n
\n
\n
reaction in the marketplace so if<\/div>\n<\/div>\n<\/div>\n
\n
\n
there’s a lot of volume that comes in on<\/div>\n<\/div>\n<\/div>\n
\n
\n
the sell side we can use that pattern as<\/div>\n<\/div>\n<\/div>\n
\n
\n
a way to trade going forward maybe we<\/div>\n<\/div>\n<\/div>\n
\n
\n
recognize patterns that are oversold<\/div>\n<\/div>\n<\/div>\n
\n
\n
maybe we recognize patterns that T up<\/div>\n<\/div>\n<\/div>\n
\n
\n
continued selling going forward but if<\/div>\n<\/div>\n<\/div>\n
\n
\n
you hadn’t done the research prior what<\/div>\n<\/div>\n<\/div>\n
\n
\n
has happened in the last five citron hit<\/div>\n<\/div>\n<\/div>\n
\n
\n
pieces you could look at the reaction<\/div>\n<\/div>\n<\/div>\n
\n
\n
the immediate reaction and start to<\/div>\n<\/div>\n<\/div>\n
\n
\n
study patterns from immediate reaction<\/div>\n<\/div>\n<\/div>\n
\n
\n
after a news event like this and build<\/div>\n<\/div>\n<\/div>\n
\n
\n
strategies off of that long-term just to<\/div>\n<\/div>\n<\/div>\n
\n
\n
reiterate the stock had been hovering<\/div>\n<\/div>\n<\/div>\n
\n
\n
around a consolidation area for a little<\/div>\n<\/div>\n<\/div>\n
\n
\n
bit and this is a weekly chart right<\/div>\n<\/div>\n<\/div>\n
\n
\n
here so it’s a little bit more condensed<\/div>\n<\/div>\n<\/div>\n
\n
\n
but the stock moves and the bar that<\/div>\n<\/div>\n<\/div>\n
\n
\n
closed just below their 50-day moving<\/div>\n<\/div>\n<\/div>\n
\n
\n
average may be initiating some<\/div>\n<\/div>\n<\/div>\n
\n
\n
longer-term so<\/div>\n<\/div>\n<\/div>\n
\n
\n
to begin with so shorter-term time frame<\/div>\n<\/div>\n<\/div>\n
\n
\n
we see that the stock traded down about<\/div>\n<\/div>\n<\/div>\n
\n
\n
six percent from the highs of the prior<\/div>\n<\/div>\n<\/div>\n
\n
\n
week and having this longer-term<\/div>\n<\/div>\n<\/div>\n
\n
\n
consolidation and then break down and<\/div>\n<\/div>\n<\/div>\n
\n
\n
then especially this five-day chart<\/div>\n<\/div>\n<\/div>\n
\n
\n
where it shows the downtrend is pretty<\/div>\n<\/div>\n<\/div>\n
\n
\n
clear to the downside without too much<\/div>\n<\/div>\n<\/div>\n
\n
\n
retracement back I it’s showing that<\/div>\n<\/div>\n<\/div>\n
\n
\n
there is both long term and short term<\/div>\n<\/div>\n<\/div>\n
\n
\n
technical support for a short thesis or<\/div>\n<\/div>\n<\/div>\n
\n
\n
a short trade in the stock so intraday<\/div>\n<\/div>\n<\/div>\n
\n
\n
you can see what happens here this<\/div>\n<\/div>\n<\/div>\n
\n
\n
volume bar is a hundred times greater<\/div>\n<\/div>\n<\/div>\n
\n
\n
than the one prior the stock was already<\/div>\n<\/div>\n<\/div>\n
\n
\n
trading somewhat negative in the morning<\/div>\n<\/div>\n<\/div>\n
\n
\n
and again it was down on short term and<\/div>\n<\/div>\n<\/div>\n
\n
\n
long term timeframe so not only is it<\/div>\n<\/div>\n<\/div>\n
\n
\n
down not only as a trading right around<\/div>\n<\/div>\n<\/div>\n
\n
\n
view op but is the moment that this<\/div>\n<\/div>\n<\/div>\n
\n
\n
price that the short piece comes out and<\/div>\n<\/div>\n<\/div>\n
\n
\n
price starts to fall it can’t really<\/div>\n<\/div>\n<\/div>\n
\n
\n
retrace towards view up and fails to<\/div>\n<\/div>\n<\/div>\n
\n
\n
hold above it for the next you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
immediate term there’s lower highs lower<\/div>\n<\/div>\n<\/div>\n
\n
\n
lows throughout the rest of the morning<\/div>\n<\/div>\n<\/div>\n
\n
\n
session until mid day showing that that<\/div>\n<\/div>\n<\/div>\n
\n
\n
bounce that we were expecting the bounce<\/div>\n<\/div>\n<\/div>\n
\n
\n
that we were talking about through the<\/div>\n<\/div>\n<\/div>\n
\n
\n
11 o’clock meeting that that may not<\/div>\n<\/div>\n<\/div>\n
\n
\n
occur right away and that we should you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know wait to see how this turns out and<\/div>\n<\/div>\n<\/div>\n
\n
\n
it’s throughout the day there was just a<\/div>\n<\/div>\n<\/div>\n
\n
\n
continuous failure to retrace up towards<\/div>\n<\/div>\n<\/div>\n
\n
\n
you up so the trade management the news<\/div>\n<\/div>\n<\/div>\n
\n
\n
hits you know to be clear right here is<\/div>\n<\/div>\n<\/div>\n
\n
\n
a hundred thirty three tick chart this<\/div>\n<\/div>\n<\/div>\n
\n
\n
was just default I didn’t choose 133 it<\/div>\n<\/div>\n<\/div>\n
\n
\n
was just the tick chart that I could<\/div>\n<\/div>\n<\/div>\n
\n
\n
pull up we see what happens between 9:30<\/div>\n<\/div>\n<\/div>\n
\n
\n
and 10:00 there’s only two bars here<\/div>\n<\/div>\n<\/div>\n
\n
\n
there’s not a lot of action going on<\/div>\n<\/div>\n<\/div>\n
\n
\n
between 10 and 10 55 it’s a little bit<\/div>\n<\/div>\n<\/div>\n
\n
\n
more movement but between 10 55 and 1056<\/div>\n<\/div>\n<\/div>\n
\n
\n
just the amount of volume and the amount<\/div>\n<\/div>\n<\/div>\n
\n
\n
of change in price is so exaggerated and<\/div>\n<\/div>\n<\/div>\n
\n
\n
we can see what happens is there’s some<\/div>\n<\/div>\n<\/div>\n
\n
\n
indecision the news hits and price is<\/div>\n<\/div>\n<\/div>\n
\n
\n
moving right around before as I<\/div>\n<\/div>\n<\/div>\n
\n
\n
mentioned earlier the sellers win that<\/div>\n<\/div>\n<\/div>\n
\n
\n
fight on the tape and stock tries to<\/div>\n<\/div>\n<\/div>\n
\n
\n
trace retraced towards view op fails and<\/div>\n<\/div>\n<\/div>\n
\n
\n
just trades down for a little<\/div>\n<\/div>\n<\/div>\n
\n
\n
so where does the news hits I get<\/div>\n<\/div>\n<\/div>\n
\n
\n
alerted to it and I get this alert<\/div>\n<\/div>\n<\/div>\n
\n
\n
fairly quickly there’s really not that<\/div>\n<\/div>\n<\/div>\n
\n
\n
much latency so I knew that I wasn’t<\/div>\n<\/div>\n<\/div>\n
\n
\n
late as the volume was starting to come<\/div>\n<\/div>\n<\/div>\n
\n
\n
in but it had a really amazing<\/div>\n<\/div>\n<\/div>\n
\n
\n
significant move to to define my entry<\/div>\n<\/div>\n<\/div>\n
\n
\n
it’s too late so because of that and<\/div>\n<\/div>\n<\/div>\n
\n
\n
because I saw that the sellers and the<\/div>\n<\/div>\n<\/div>\n
\n
\n
outflow was just coming in at a much<\/div>\n<\/div>\n<\/div>\n
\n
\n
greater rate I wanted to take the short<\/div>\n<\/div>\n<\/div>\n
\n
\n
position and especially it’s a short<\/div>\n<\/div>\n<\/div>\n
\n
\n
piece of course I’m gonna take the short<\/div>\n<\/div>\n<\/div>\n
\n
\n
position on it and I got short for a<\/div>\n<\/div>\n<\/div>\n
\n
\n
scalp now the reason I wanted to do a<\/div>\n<\/div>\n<\/div>\n
\n
\n
scalp on this was because of the prior<\/div>\n<\/div>\n<\/div>\n
\n
\n
the historical occurrences where a short<\/div>\n<\/div>\n<\/div>\n
\n
\n
piece comes out is there is going to be<\/div>\n<\/div>\n<\/div>\n
\n
\n
some indecision and in the case that the<\/div>\n<\/div>\n<\/div>\n
\n
\n
buyers potentially disagree with citron<\/div>\n<\/div>\n<\/div>\n
\n
\n
I didn’t want to be stuck in having the<\/div>\n<\/div>\n<\/div>\n
\n
\n
you know the volatility just wake me out<\/div>\n<\/div>\n<\/div>\n
\n
\n
and get stopped so I’m taking in a short<\/div>\n<\/div>\n<\/div>\n
\n
\n
position and there is a low put in here<\/div>\n<\/div>\n<\/div>\n
\n
\n
tested three times before it again tries<\/div>\n<\/div>\n<\/div>\n
\n
\n
to retrace and it fails a few up and<\/div>\n<\/div>\n<\/div>\n
\n
\n
while it’s in this movement right here I<\/div>\n<\/div>\n<\/div>\n
\n
\n
place a bid so I’m placing an order to<\/div>\n<\/div>\n<\/div>\n
\n
\n
get flat out of my short position so<\/div>\n<\/div>\n<\/div>\n
\n
\n
rebuy the stock somewhere below here so<\/div>\n<\/div>\n<\/div>\n
\n
\n
this low put in right here was 88 27 and<\/div>\n<\/div>\n<\/div>\n
\n
\n
I’m thinking okay if it breaks the<\/div>\n<\/div>\n<\/div>\n
\n
\n
radiate 27 there’s a ton of volume went<\/div>\n<\/div>\n<\/div>\n
\n
\n
more than usual our vol was six<\/div>\n<\/div>\n<\/div>\n
\n
\n
throughout the day and much greater at<\/div>\n<\/div>\n<\/div>\n
\n
\n
this point in time and because of the<\/div>\n<\/div>\n<\/div>\n
\n
\n
volatility in the movement went from<\/div>\n<\/div>\n<\/div>\n
\n
\n
about ninety one down to low 88 that the<\/div>\n<\/div>\n<\/div>\n
\n
\n
stock could take out the 88 and<\/div>\n<\/div>\n<\/div>\n
\n
\n
somewhere in 87 was where it would end<\/div>\n<\/div>\n<\/div>\n
\n
\n
up so I placed an order at 87 91 hoping<\/div>\n<\/div>\n<\/div>\n
\n
\n
to get filled if the price wick below 88<\/div>\n<\/div>\n<\/div>\n
\n
\n
and then potentially reevaluate for an<\/div>\n<\/div>\n<\/div>\n
\n
\n
entry later on okay go back so trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
number one for a breaking news trade is<\/div>\n<\/div>\n<\/div>\n
\n
\n
the news hits you connect the dots you<\/div>\n<\/div>\n<\/div>\n
\n
\n
feel you have an edge with speed and<\/div>\n<\/div>\n<\/div>\n
\n
\n
with connecting the dots quickly that<\/div>\n<\/div>\n<\/div>\n
\n
\n
this should trade lower you hit the beds<\/div>\n<\/div>\n<\/div>\n
\n
\n
because of your<\/div>\n<\/div>\n<\/div>\n
\n
\n
because of how these hid pieces have<\/div>\n<\/div>\n<\/div>\n
\n
\n
traded in the past it’s just you’re<\/div>\n<\/div>\n<\/div>\n
\n
\n
thinking it’s a scalp so you play the<\/div>\n<\/div>\n<\/div>\n
\n
\n
momentum to the downside when the<\/div>\n<\/div>\n<\/div>\n
\n
\n
selling pressure subsides you cover<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s trade number one first in quick<\/div>\n<\/div>\n<\/div>\n
\n
\n
in quickly in connect the dots quickly<\/div>\n<\/div>\n<\/div>\n
\n
\n
scalp it you could have a nice move that<\/div>\n<\/div>\n<\/div>\n
\n
\n
way don’t mess around with price just<\/div>\n<\/div>\n<\/div>\n
\n
\n
hit the bids you may not get you may<\/div>\n<\/div>\n<\/div>\n
\n
\n
miss it and trade it then after that<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’re thinking as the stock goes back<\/div>\n<\/div>\n<\/div>\n
\n
\n
up to be wop and and kind of fails up<\/div>\n<\/div>\n<\/div>\n
\n
\n
there potential short of a lower high<\/div>\n<\/div>\n<\/div>\n
\n
\n
okay that’s trade opportunity number two<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade after opportunity number three is<\/div>\n<\/div>\n<\/div>\n
\n
\n
it gets below the lows from the first<\/div>\n<\/div>\n<\/div>\n
\n
\n
initial down move okay that’s another<\/div>\n<\/div>\n<\/div>\n
\n
\n
really good trade opportunity another<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade opportunity is they’re trying to<\/div>\n<\/div>\n<\/div>\n
\n
\n
push the lower they’re trying to push it<\/div>\n<\/div>\n<\/div>\n
\n
\n
lower they’re trying to push it lower it<\/div>\n<\/div>\n<\/div>\n
\n
\n
can’t go lower bounce trade or<\/div>\n<\/div>\n<\/div>\n
\n
\n
capitulation blow-off bottom too steep<\/div>\n<\/div>\n<\/div>\n
\n
\n
huge volume play for a bottoming action<\/div>\n<\/div>\n<\/div>\n
\n
\n
play for a reversal you need to see<\/div>\n<\/div>\n<\/div>\n
\n
\n
these as specific trades and develop a<\/div>\n<\/div>\n<\/div>\n
\n
\n
way you’re going to attack each one of<\/div>\n<\/div>\n<\/div>\n
\n
\n
them and think that way okay so and you<\/div>\n<\/div>\n<\/div>\n
\n
\n
can put that together to build separate<\/div>\n<\/div>\n<\/div>\n
\n
\n
playbook trades separate subsets for a<\/div>\n<\/div>\n<\/div>\n
\n
\n
breaking news trade in your playbook<\/div>\n<\/div>\n<\/div>\n
\n
\n
okay and you’re all different alright so<\/div>\n<\/div>\n<\/div>\n
\n
\n
some people are not gonna feel<\/div>\n<\/div>\n<\/div>\n
\n
\n
comfortable hitting right away hitting<\/div>\n<\/div>\n<\/div>\n
\n
\n
the bids right away on a particular<\/div>\n<\/div>\n<\/div>\n
\n
\n
breaking news trades that’s just not<\/div>\n<\/div>\n<\/div>\n
\n
\n
gonna fit your personality some people<\/div>\n<\/div>\n<\/div>\n
\n
\n
are some people are gonna need to sort<\/div>\n<\/div>\n<\/div>\n
\n
\n
of be first in their aggressive some<\/div>\n<\/div>\n<\/div>\n
\n
\n
people are going to need to wait for a<\/div>\n<\/div>\n<\/div>\n
\n
\n
lower high you know clear lower high<\/div>\n<\/div>\n<\/div>\n
\n
\n
after hit peace comes out to shore and<\/div>\n<\/div>\n<\/div>\n
\n
\n
play for potentially a lower day you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know some people are gonna develop<\/div>\n<\/div>\n<\/div>\n
\n
\n
systems where they’re looking for the<\/div>\n<\/div>\n<\/div>\n
\n
\n
capitulation blow up to play for a<\/div>\n<\/div>\n<\/div>\n
\n
\n
reversal some people are gonna need to<\/div>\n<\/div>\n<\/div>\n
\n
\n
see it not going down not going down<\/div>\n<\/div>\n<\/div>\n
\n
\n
unable to make a new low start to show<\/div>\n<\/div>\n<\/div>\n
\n
\n
the strength for a swing reversal trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
a swing reversion back to where it came<\/div>\n<\/div>\n<\/div>\n
\n
\n
from trade and and all of those are<\/div>\n<\/div>\n<\/div>\n
\n
\n
different personalities you know the the<\/div>\n<\/div>\n<\/div>\n
\n
\n
hit at first is the quick thinking<\/div>\n<\/div>\n<\/div>\n
\n
\n
aggressive person have you been<\/div>\n<\/div>\n<\/div>\n
\n
\n
successful in the past as a<\/div>\n<\/div>\n<\/div>\n
\n
\n
quick-thinking aggressive I like to take<\/div>\n<\/div>\n<\/div>\n
\n
\n
risk person if that is your path hit it<\/div>\n<\/div>\n<\/div>\n
\n
\n
that’s are you playing To Your Strengths<\/div>\n<\/div>\n<\/div>\n
\n
\n
if you are the more deliberate safe<\/div>\n<\/div>\n<\/div>\n
\n
\n
conservative logical more analytical<\/div>\n<\/div>\n<\/div>\n
\n
\n
thinker you may need to see the lower hi<\/div>\n<\/div>\n<\/div>\n
\n
\n
clearly put in with a hit piece that<\/div>\n<\/div>\n<\/div>\n
\n
\n
makes a lot of sense and something that<\/div>\n<\/div>\n<\/div>\n
\n
\n
is broken on a longer-term chart with a<\/div>\n<\/div>\n<\/div>\n
\n
\n
clear area where you can get out and<\/div>\n<\/div>\n<\/div>\n
\n
\n
something you feel confident based on<\/div>\n<\/div>\n<\/div>\n
\n
\n
the hippies that this can finish low a<\/div>\n<\/div>\n<\/div>\n
\n
\n
day and then short it may be something<\/div>\n<\/div>\n<\/div>\n
\n
\n
like a peloton maybe the peloton piece<\/div>\n<\/div>\n<\/div>\n
\n
\n
made more sense to you and short that<\/div>\n<\/div>\n<\/div>\n
\n
\n
lower high and so you know what we<\/div>\n<\/div>\n<\/div>\n
\n
\n
talked about this is which is you know<\/div>\n<\/div>\n<\/div>\n
\n
\n
my sense is you probably would do pretty<\/div>\n<\/div>\n<\/div>\n
\n
\n
well putting the dots together quickly<\/div>\n<\/div>\n<\/div>\n
\n
\n
and reacting maybe I have misread you<\/div>\n<\/div>\n<\/div>\n
\n
\n
but I could see you being good at that I<\/div>\n<\/div>\n<\/div>\n
\n
\n
can see you being good at this trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
that this trip you know as we get to<\/div>\n<\/div>\n<\/div>\n
\n
\n
know each other a little bit better I<\/div>\n<\/div>\n<\/div>\n
\n
\n
can see you being really good at this<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade I can see you connecting the dots<\/div>\n<\/div>\n<\/div>\n
\n
\n
quickly I can see you very quickly being<\/div>\n<\/div>\n<\/div>\n
\n
\n
able to keep track of what happened the<\/div>\n<\/div>\n<\/div>\n
\n
\n
last three to five times in a citron hit<\/div>\n<\/div>\n<\/div>\n
\n
\n
peace and be able to see the patterns<\/div>\n<\/div>\n<\/div>\n
\n
\n
that you want to trade for you quickly<\/div>\n<\/div>\n<\/div>\n
\n
\n
which is what you need to do<\/div>\n<\/div>\n<\/div>\n
\n
\n
and good so I encourage you to keep<\/div>\n<\/div>\n<\/div>\n
\n
\n
working at this and then obviously the<\/div>\n<\/div>\n<\/div>\n
\n
\n
results are the results if you if you<\/div>\n<\/div>\n<\/div>\n
\n
\n
think you’re gonna be really good<\/div>\n<\/div>\n<\/div>\n
\n
\n
connecting the dots and hitting this<\/div>\n<\/div>\n<\/div>\n
\n
\n
quickly and being aggressive you tag and<\/div>\n<\/div>\n<\/div>\n
\n
\n
measure those trades and your results<\/div>\n<\/div>\n<\/div>\n
\n
\n
come back<\/div>\n<\/div>\n<\/div>\n
\n
\n
crappy either we need to work on that<\/div>\n<\/div>\n<\/div>\n
\n
\n
particular strategy or you know maybe it<\/div>\n<\/div>\n<\/div>\n
\n
\n
isn’t if it isn’t the best for you you<\/div>\n<\/div>\n<\/div>\n
\n
\n
know the measurement will will tell us<\/div>\n<\/div>\n<\/div>\n
\n
\n
or maybe you’re you’re making a breaking<\/div>\n<\/div>\n<\/div>\n
\n
\n
news scalp trade and you’re making a<\/div>\n<\/div>\n<\/div>\n
\n
\n
lower high follow through trade<\/div>\n<\/div>\n<\/div>\n
\n
\n
breaking news fall through trade and<\/div>\n<\/div>\n<\/div>\n
\n
\n
you’re noticing that you’re breaking<\/div>\n<\/div>\n<\/div>\n
\n
\n
news follow-through trades are just<\/div>\n<\/div>\n<\/div>\n
\n
\n
scoring much better those are the ones<\/div>\n<\/div>\n<\/div>\n
\n
\n
that are really capturing P&L; for you<\/div>\n<\/div>\n<\/div>\n
\n
\n
that that will inform you as to what to<\/div>\n<\/div>\n<\/div>\n
\n
\n
do think about that this is a great<\/div>\n<\/div>\n<\/div>\n
\n
\n
trade we’ve talked about this a lot in<\/div>\n<\/div>\n<\/div>\n
\n
\n
the past worthy of study there are great<\/div>\n<\/div>\n<\/div>\n
\n
\n
active traders deploying this strategy<\/div>\n<\/div>\n<\/div>\n
\n
\n
with incredible Sharpe ratios with<\/div>\n<\/div>\n<\/div>\n
\n
\n
incredible return on investment who make<\/div>\n<\/div>\n<\/div>\n
\n
\n
tons of money you could just trade this<\/div>\n<\/div>\n<\/div>\n
\n
\n
one particular strategy and have a<\/div>\n<\/div>\n<\/div>\n
\n
\n
career it’s that effective of the<\/div>\n<\/div>\n<\/div>\n
\n
\n
strategy when you master it now it’s<\/div>\n<\/div>\n<\/div>\n
\n
\n
your turn<\/div>\n<\/div>\n<\/div>\n
\n
\n
do you study the past similar trading<\/div>\n<\/div>\n<\/div>\n
\n
\n
events to the present to help make<\/div>\n<\/div>\n<\/div>\n
\n
\n
winning trades if so how do you do so<\/div>\n<\/div>\n<\/div>\n
\n
\n
let us know by leaving a comment below<\/div>\n<\/div>\n<\/div>\n
\n
\n
right now<\/div>\n<\/div>\n<\/div>\n
\n
\n
<\/div><\/div>\n<\/div>\n<\/div>\n

\"\"<\/a><\/p>\n

* no relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"

In this video for the trading community, learn how to use the past, similar trading events to the present, to improve your trading. A proprietary trader from our firm breaks down a Breaking News trade, spurred by a research piece, that spotlights how studying the past – similar trading events – can help us make winning trades. * no relevant … Read More<\/a><\/p>\n","protected":false},"author":290,"featured_media":49593,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[4189],"tags":[],"class_list":["post-49592","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-free-daily-trading-video","post_format-post-format-video"],"yoast_head":"\nHow To Use The Past To Improve Your Trading (breaking news trade) | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How To Use The Past To Improve Your Trading (breaking news trade) | SMB Training\" \/>\n<meta property=\"og:description\" content=\"In this video for the trading community, learn how to use the past, similar trading events to the present, to improve your trading. A proprietary trader from our firm breaks down a Breaking News trade, spurred by a research piece, that spotlights how studying the past – similar trading events – can help us make winning trades. * no relevant ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-04T15:53:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/02\/breaking-news-trade-how-to.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"smbcapital\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"smbcapital\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"18 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade\"},\"author\":{\"name\":\"smbcapital\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a\"},\"headline\":\"How To Use The Past To Improve Your Trading (breaking news trade)\",\"datePublished\":\"2020-02-04T15:53:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade\"},\"wordCount\":3642,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/02\/breaking-news-trade-how-to.jpg\",\"articleSection\":[\"Free Daily Trading Video\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade\",\"name\":\"How To Use The Past To Improve Your Trading (breaking news trade) | SMB Training\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/02\/breaking-news-trade-how-to.jpg\",\"datePublished\":\"2020-02-04T15:53:35+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade#primaryimage\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/02\/breaking-news-trade-how-to.jpg\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/02\/breaking-news-trade-how-to.jpg\",\"width\":1920,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.smbtraining.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How To Use The Past To Improve Your Trading (breaking news trade)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"name\":\"SMB Training Blog\",\"description\":\"Lessons from the trading desk\",\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\",\"name\":\"SMB Training\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"width\":230,\"height\":81,\"caption\":\"SMB Training\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/smbcap\/\",\"https:\/\/x.com\/smbcapital\",\"https:\/\/www.youtube.com\/user\/smbcapital\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a\",\"name\":\"smbcapital\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/author\/smbcapital\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How To Use The Past To Improve Your Trading (breaking news trade) | SMB Training","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade","og_locale":"en_US","og_type":"article","og_title":"How To Use The Past To Improve Your Trading (breaking news trade) | SMB Training","og_description":"In this video for the trading community, learn how to use the past, similar trading events to the present, to improve your trading. A proprietary trader from our firm breaks down a Breaking News trade, spurred by a research piece, that spotlights how studying the past – similar trading events – can help us make winning trades. * no relevant ... Read More","og_url":"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade","og_site_name":"SMB Training Blog","article_publisher":"https:\/\/www.facebook.com\/smbcap\/","article_published_time":"2020-02-04T15:53:35+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/02\/breaking-news-trade-how-to.jpg","type":"image\/jpeg"}],"author":"smbcapital","twitter_card":"summary_large_image","twitter_creator":"@smbcapital","twitter_site":"@smbcapital","twitter_misc":{"Written by":"smbcapital","Est. reading time":"18 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade#article","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade"},"author":{"name":"smbcapital","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a"},"headline":"How To Use The Past To Improve Your Trading (breaking news trade)","datePublished":"2020-02-04T15:53:35+00:00","mainEntityOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade"},"wordCount":3642,"publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade#primaryimage"},"thumbnailUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/02\/breaking-news-trade-how-to.jpg","articleSection":["Free Daily Trading Video"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade","url":"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade","name":"How To Use The Past To Improve Your Trading (breaking news trade) | SMB Training","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade#primaryimage"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade#primaryimage"},"thumbnailUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/02\/breaking-news-trade-how-to.jpg","datePublished":"2020-02-04T15:53:35+00:00","breadcrumb":{"@id":"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade#primaryimage","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/02\/breaking-news-trade-how-to.jpg","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2020\/02\/breaking-news-trade-how-to.jpg","width":1920,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/www.smbtraining.com\/blog\/how-to-use-the-past-to-improve-your-trading-breaking-news-trade#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.smbtraining.com\/blog"},{"@type":"ListItem","position":2,"name":"How To Use The Past To Improve Your Trading (breaking news trade)"}]},{"@type":"WebSite","@id":"https:\/\/www.smbtraining.com\/blog\/#website","url":"https:\/\/www.smbtraining.com\/blog\/","name":"SMB Training Blog","description":"Lessons from the trading desk","publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.smbtraining.com\/blog\/#organization","name":"SMB Training","url":"https:\/\/www.smbtraining.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","width":230,"height":81,"caption":"SMB Training"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/smbcap\/","https:\/\/x.com\/smbcapital","https:\/\/www.youtube.com\/user\/smbcapital"]},{"@type":"Person","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/57cc9affbbb6763e0012594ad884b25a","name":"smbcapital","url":"https:\/\/www.smbtraining.com\/blog\/author\/smbcapital"}]}},"_links":{"self":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/49592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/users\/290"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/comments?post=49592"}],"version-history":[{"count":1,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/49592\/revisions"}],"predecessor-version":[{"id":49594,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/49592\/revisions\/49594"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media\/49593"}],"wp:attachment":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media?parent=49592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/categories?post=49592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/tags?post=49592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}