Hi, in todays live session I explained what happened as a result of the FOMC meeting last week. Why I suspected it may be an over reaction- as per my Sunday analysis. Why markets are silly! Driven by fear and analysts.
Under normal circumstances, they focus on inflation, interest rates and growth. Recently with covid it has been a case of which economy is doing lest worst.
The FOMC revealed that 7 out of 18 voting members expect a rate rise in 2023 and off it went! No mention of debt mountains and other important factors.
I show in the session why I recommended waiting. I show some decent setups for both my M2 & Pierre’s Earth & Sky strategy:
If you would like to learn how to trade like a professional check out our 5* rated forex mentor program, RISK FREE; by clicking on the “Get Started Today” Button below