Good Morning Traders,
Today is a big day with the FOMC minutes at 2pm. It's "bigger than usual" meeting minutes because of the inflation worries.
If you're used to reading and not watching the video, I think the video today is important to watch. It talks about technical, and a little bit of fundamental context.
Be careful out there today after 2pm, it's not worth it to take a massive loss on some speculative play. Remember, even if you know EXACTLY what the FED minutes say, you have no idea how the market will "trade" it. Some of it is already priced in, but how much?
That's a billion dollar question, and one I can't answer.
Today is a big day with the FOMC minutes at 2pm. It's "bigger than usual" meeting minutes because of the inflation worries.
If you're used to reading and not watching the video, I think the video today is important to watch. It talks about technical, and a little bit of fundamental context.
Be careful out there today after 2pm, it's not worth it to take a massive loss on some speculative play. Remember, even if you know EXACTLY what the FED minutes say, you have no idea how the market will "trade" it. Some of it is already priced in, but how much?
That's a billion dollar question, and one I can't answer.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.