{"id":11764,"date":"2016-11-01T12:35:08","date_gmt":"2016-11-01T20:35:08","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=11764"},"modified":"2016-11-02T21:43:24","modified_gmt":"2016-11-03T05:43:24","slug":"fomc-tomorrow-11-02-2016","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/fomc-tomorrow-11-02-2016\/","title":{"rendered":"FOMC tomorrow 11.02.2016"},"content":{"rendered":"

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Greetings!<\/p>\n

BIG day tomorrow!<\/p>\n

FOMC meeting along with ADP employment report earlier in the day and crude oil numbers…<\/p>\n

Be aware of the reports, know your strengths and weaknesses and decide if you should be trading during these reports or not.<\/p>\n

refer back to notes from your ( hopefully ) trading journal and stay disciplined and consistent. No trade is better than a bad trade!<\/p>\n

Here are some notes I share before every FOMC day….<\/p>\n

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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.<\/p>\n

if you are a newcomer, take a more conservative approach and make sure you understand that the news can really move the market.<\/p>\n

The following are suggestions on trading during FOMC days:<\/p>\n<\/div>\n