Tuesday, September 21, 2010

Interesting Trade in Crude Oil after the FOMC Statement and Rates

This was a nice winning trade today for about 10 minutes of your day ... more or less ... knowing when to be in the market is one of the most important decisions that you as a trader can make.

Today, my personal belief and opinion, is that you could take the day off ... or wait to the best opportunity to trade ...

Today would have been after the FOMC Statement and Rates announcement.

By the way, this was over a $1K trade on a few contracts.

Good Trading,

David "Tiger" Knight