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Commentary Topic from greenfaucet

FOMC Trading Pattern

First off an apology: I wrote my piece late last night - actually early this morning - and with preparing for FOMC and attending to the new Forum/Twitter Service, I overlooked clicking the ‘Publish' icon. As a result, my "Unconscious Motivators III' has been delayed by 24 hours. Today I want to focus on a pattern that is reasonably reliably for FOMC rate decision announcements. Last night it again proved its worth. "Wait around 10 minutes after the announcement before putting on a trade - only then does the ‘true direction' reveal itself"