Here are links to 4 previous videos on the FOMC rate decision trading day in preparation for tomorrows annoucement. http://puretick.com/video/newfed/ http://www.puretick.com/video/fedday http://puretick.com/video/fed/ http://puretick.com/video/fed_day_prep/
with this vol i dont predict,but i do expect big movement when no.comes out so i will place b and s mits above and below price at the moment and 6 point b or s to cover that fill
Well I havent been logged on in a few days but did anyone trade the fed and if so how'd you do? I did two trades. One was just a flat line stop breakout. The initial spike moved so quickly that I only made 10 pts but the market was up over 100. Then waited for a pullback to get long for 63 pts on the second. I sat watching the action for the rest of the day and felt like jumping in but definately didn't want to give profits back. Cajun