I've been trading financial markets for about month. During this time I realized how much meaningful economic events influence price movements.
I developed trading strategy based on economic news. If I see that news is negative for asset, I open sell order.
But I'm facing fact that price is not moving correctly! Not way it should be under news influence. This simply should not be case! Everything says that asset price should be going down on negative news, but it is going up! Can you explain how this is possible?
Jul 18, 2022
Complaint marked as Resolved It looks like I was wrong.
I was told that price does not always have to move according to news. I realized that price moves depending on how many buyers and sellers are in market. That is, movement depends on majority. And sometimes, this movement is not predictable.
I understood that it was not broker's fault but mine. I didn't understand situation and wrote a complaint. Excuse me
Olymp Trade customer support has been notified about the posted complaint.
Thank you for reaching out to us. It is good to hear that you started to dig into the stock trade. It is necessary to gain knowledge and analyze stock before you trade.
We are sorry that you can’t trade the shares that you were interested in. But we believe that now you know how to analyze and invest in stocks. And this is already a success.
The fact is that the asset has its own work schedule. You can see the working time of the asset by clicking on it.
Do not hesitate to contact us if any questions or concerns appear.
Best regards, Olymp Trade team.