September 20, 2016
Trades & Tutorials
By Geoff Bysshe
On Wednesday (9/21) the Fed will give us its latest opinion on the economy and its decision on interest rates. As always, we should expect market volatility right after the Fed’s news release and during Janet Yellen’s press conference.
All too often, however, the direction the market takes in the days and weeks after the FOMC meetings begins a day or two after the initial daily reaction.
So here’s a powerful trading tactic for anticipating when the stock market is going to have a trend day versus a choppy indecisive day. You can use this to establish new swing positions on days that are likely to have a big move so you can get in early, and/or to take advantage of choppy intra-day reversals that occur near the high and low of the day.
Plus, this is not just for anticipating market moves after big news days. You can use this every day, but since volatility is often high around Fed news days, the ability to anticipate the market’s next daily or multi-day trend becomes even more valuable.
After you watch the video to get started, if you’d like to learn even more join me in the free live training session here.
