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FOMC Trades

Posted by David Bean on

Should you trade during news events. You should trade your strategy the way you backtested it. There was not much market reaction to the FOMC announcement today to leave rates unchanged. Tick Pulse had a nice short and two of the Crude Oil strategies traded.

What does the order book tell us? We have a Market Depth indicator to look at the difference in sum and ratio of the bids and offers. We are working on an order book strategy.

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