FOMC Rate Decision

Swole15 said:
Anyone trading the FOMC rate decision today? If so, care to share your idea?
More...


Nope....

I see a 1.5% jump in the markets at close when the fed once again holds off on raising rates....remember the fed said last year they would raise rates 4 times in 2016.....liars.
 
I believe they are likely to stay pat but I'm not on the Board of Governors so what do I know? I never hold a position into a rate announcement but will take subsequent signals given acceptable risk/reward vis a vis volatility.
 
Here's an interesting concept that no one has priced in, what happens if the next move is down and not up. The markets are just confused, on the GBPUSD short term (minute charts) looks up, mid term (hourly charts) looks neutral to down, and long term looks up (daily charts). BOE are talking move down, FED are talking move up, no one has a clue what's going on so looks like it's going to be a fat-tail volatility spike in one direction or the other, but it's any ones guess what event will cause that.
 
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