In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we discuss the calm before the storm regarding the FOMC and Brexit.
The reality is that the current markets may be slightly more subdued than normal. The reason for this is likely to be today’s pending FOMC meeting and rate decision. In addition to this very important news event, tomorrow we also have the EU summit which will be exclusively focusing on Brexit and the Bank of England will be holding their rate decision meeting also.
We have identified a couple of potential high probability trades which might be worth keeping an eye on. The first trade is in the USOIL market, but only above 59.80 and in the Gold market only above the 1311.36 recent high.
The Calm Before the Storm – Full Video Analysis
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