Don’t trade ahead of the FOMC statement

With today’s FOMC statement looming large, I wanted to share with you why making a bet ahead of the statement is a low probability ‘trade.’ The first reaction to the statement is often the false one, so let things settle and keep an eye on interest rates and the dollar market for clues before making a trade.

 

Serge Berger
TheSteadyTrader.com

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