FOMC Minutes


FOMC Minutes Produce Fireworks 5.19.2016

May 18th, 2016 Filed under Future Trading News, Futures Trading | Comment (0)

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1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Thursday May 19, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog! 

FOMC minutes produced quite a bit of fireworks in bonds, metals and stock indices!

One must know when certain reports come out, do homework as to prior experience/ market behavior ( look at your trading journal? notes?) and be ready.

I looked at prior FOMC and the related FOMC minutes for 2  markets I was trading today, gold and bonds in an attempt to make an educated speculation….today it worked, there are many days it doesn’t but at least i did my homework and stuck to my game plan.

Plan your trade, trade your plan!


FOMC Minutes, ES & Gold 1 Minute Charts 4.06.2016

April 5th, 2016 Filed under Future Trading News, Futures Trading | Comment (0)

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1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Wednesday April 6, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Greetings!

FOMC minutes tomorrow.

Below are 1 minute ES chart and 1 minute Gold chart for reference from the last FOMC minutes around the time of release:

ES Chart:

ES Chart

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The Importance of the FOMC Minutes | Support and Resistance Levels

November 21st, 2011 Filed under Future Trading Platform, Futures Trading | Comment (0)

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Daily Mini S&P Chart
6. Economic Reports for Tuesday, November 22, 2011


1. Market Commentary

Last week ( Thursday to be exact) I shared the same chart below with the sell signal if we can break 1204.50 ( The market was trading around 1215 at that time). Well we broke below and pretty much got the first target in one trading day.

Tomorrow we will have FOMC minutes, an important report which the market tends to react to or as I call it, “Market respects it”.

If the market breaks above 1204.50 after the minutes, we may see a relief from selling, on the other hand if the market reacts bearishly to the report than 1147.50 and 1120 are next targets.

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