I hate FOMC day

Discussion in 'Index Futures' started by sandp500trader, Aug 22, 2018.

  1. Anyone else sit these days out?
     
  2. Robert Morse

    Robert Morse Sponsor

    What do you trade that this would make you want to sit out?
     
  3. ES. It's usually chop until the annoucement and then an explosion. I wait until after the announcement.
     
    athlonmank8 likes this.
  4. southall

    southall

    Today is FOMC Minutes day. Not the full FOMC rate announcement day. Although the minutes do move the market, the 'explosion' is rarely on the same scale.
     
    Last edited: Aug 22, 2018
    vanzandt and tommcginnis like this.
  5. Yeah, that's true. Anything FOMC I like to avoid, but you're right. I mixed up my dates. I think I need more coffee.
     
    greg500 and tommcginnis like this.
  6. maxinger

    maxinger

    I love FOMC minutes day.

    it gives us the opportunity to earn $$$.

    Only problem is that I have to wake up in the middle of the night to trade news.
     
  7. What do you trade?
     
  8. maxinger

    maxinger

    for FOMC news things, I will trade

    EUR GBP GOLD ES YM NQ JPY
     
  9. speedo

    speedo

    No
     
  10. I find big news releases on schedules to be therapeutic recently.
     
    #10     Aug 22, 2018