Wednesday, November 2, 2011

November 2nd, 2011: Nice afternoon trade after FOMC/Fed Funds Rates


Hello Traders,

I nice trading opportunity developed a little after the FOMC Statement/Federal Funds Rate today. We captured this move on a short for a 2P move. Today this meant 85 ticks before the move encountered stiff support at the 60 minute 200 Bar MA line.

Good Trading,

David 'Tiger' Knight
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