{"id":14353,"date":"2018-06-12T12:04:14","date_gmt":"2018-06-12T20:04:14","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=14353"},"modified":"2018-06-12T12:09:58","modified_gmt":"2018-06-12T20:09:58","slug":"insights-trading-fomc-days-levels-6-13-2018","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/insights-trading-fomc-days-levels-6-13-2018\/","title":{"rendered":"Insights into trading ( or not….) on FOMC days & Levels 6.13.2018"},"content":{"rendered":"

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Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet\u00a0<\/a>for 2016!!\u00a0\u00a0<\/span><\/b><\/em><\/p>\n

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Dear Traders,<\/p>\n

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CME Fed Funds futures is currently projecting, with a 93.6 % confidence level; \u00a0.25 increase for tomorrow’s \u00a0FRB rate announcement.<\/div>\n
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FOMC days are quite different in their behavior:<\/div>\n
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** The FOMC interest rate decision is due at 2:00 ET in the US tomorrow. This is followed by the conference which will provide more clues ( volatility).<\/div>\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.<\/div>\n
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if you are a newcomer, take a more conservative approach and make sure you understand that the news can really move the market.<\/div>\n
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The following are suggestions on trading during FOMC days:<\/div>\n
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