Emini Trading Update – Tuesday 18 Mar 2014 (8:41)
The Zombie market continues – just refuses to die. So let’s see what FOMC brings tomorrow. And if Putin just walks into the Eastern Ukraine next.
In the meantime, the day trading continues. And today’s video is all about “you’re safe until the blue Professional bars come in”.
Remember, on FOMC day typically the first 30 minutes is a little lively. But then we can go very quiet with no significant moves until the announcement in the afternoon. It’s easy to over-trade that quiet time, hoping for a decent move. But the safest play is to just wait it out.
Good luck with your Emini trading.