Manier: Follow charts, not headlines

On May 29, 2026, OANDA market analyst Elior Manier published his final MarketPulse column, advising traders to prioritize chart signals over breaking headlines, to manage position size and risk, and to check longer-term charts regularly.

Manier wrote that many headlines appear market-changing but often reflect information already priced into markets. He advised traders to test whether a news item actually alters the market regime, to avoid acting on narrative or personal bias, and to apply their own judgement when assessing new information.

On timing and trend behavior, Manier quoted John Maynard Keynes: “Markets can remain irrational longer than you can remain solvent.” He noted that strong trends can persist beyond expectations because of positioning, algorithmic flows and behavioral forces. He cautioned against reflexively fading extreme moves and recommended following clear trend signals, while maintaining rules to exit or reduce exposure when trends break.

Risk management was a central focus. Manier emphasized protecting account capital and avoiding excessive position sizes so traders can survive drawdowns and be available to capture future opportunities. He recommended Tom Hougaard’s Best Loser Wins for its discussion of trading psychology and position sizing. He also noted that several well-executed trades can reverse months of poor performance if an account is preserved.

Manier recommended routine reviews of longer-term charts to maintain perspective. He suggested checking weekly charts once or twice a month and monthly charts two to three times a year to identify large divergences or developing trends that daily charts can obscure.

On trading process, he advised maintaining a consistent, repeatable approach while continuing to question assumptions and make incremental improvements. He pointed traders toward market-visualization tools and beginner trading resources as practical starting points.

The column closed with a personal note thanking readers for following his MarketPulse posts over the past year, an invitation to contact him via social channels, and the valediction “Safe Trades!” Manier’s byline lists more than seven years of market experience, including prior work as a fixed-income trader and market analyst at the Montreal Exchange.