Cannon Trading / E-Futures.com
We are NOW TRADING JUNE FOR INDICES< EMINIS and CURRENCIES!!!
Heads up to international traders – this Sunday US changed clocks to daylight savings time.
FOMC tomorrow and before that more than a few economic numbers.
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.
My observations suggest choppy, low volume up until announcement, followed by some some sharp volatile moves right during and after the announcement. However, with tomorrow early morning reports, we may see more volatility duirng first couple of hours as well. Continue reading “Futures Trading Levels, March FOMC Statement”