Trading the FOMC day has it's own nuances though I find it possible to cleanly trade it early off support and resistance. If you want to have mammoth stops you could trade through the Fed, but it's too wild for me and my trading strategy. Nothing of note of the report, more of the same. They're backed in to a corner and have no where to go with policy propping up the economy. Don't think the market rallying is an indication of a strong or stable economy. Smoke and mirrors! I think we're in a world of hurt in the US and are only one surprise away from Greece and sorry to say, Cyprus. Think the government won't confiscate your money without your consent? What does the IRS do... What happens to you if you don't pay? Someone's gotta pay and it sure as hell isn't going to be the upcoming generations living off mom and dad until they're 40 playing video games and driving mom and dads Buick. Enough of a rant for now before I get myself in trouble... Hope the video is useful to you. If so, feel free to click on a like or +1... Appreciate your support!
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