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5. Futures Economic Reports for Tuesday December 16, 2015
Hello Traders,
For 2015 I would like to wish all of you discipline and patience in your trading!
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Here is some futures market insight from our Senior Broker, Jack Engin of today’s market action:
There is a muffled mix of excitement and tempered anxiety in the air surrounding all of the markets ahead of the FOMC’s all-important announcement tomorrow.
Our Vice President, Ilan Levy-Mayer, has in the past, issued sound and, in my opinion, paramount advice for trading on FOMC days; please heed his warnings below:
FOMC days have different characteristics than other trading days. If you have traded for a while, check your trading notes from past FOMC days that may help you prepare for tomorrow.
if you are a newcomer, take a more conservative approach and make sure you understand that the news can really move the market.