December 17: How to Profit from FOMC Day

December 17, 2008 by admin 

Hi guys, in today’s video update you’ll see some of the tactics and tips we use to tackle difficult fed day trading conditions.

  • Eurostoxx 50 – How a measured move can help to provide big profit targets.
  • Bonds – 9/30 setup just prior to the 2:15 FOMC announcement and how to trade it.
  • Euro Forex – 3X setup as the 2:15 FOMC announcement hits the market, and using price action techniques to get on board as it leaves the station.
  • General tips and advice for trading techniques on FOMC days, including candle reading and orderflow, advance/declines and TRIN.

As was expected in yesterday’s video, the best trading opportunities were to be had after the FOMC decision had landed. A couple of guys in the eChat room managed to ride some momentum to the upside for a decent profit also.

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