The Federal Reserve, today’s weak market and our futures trading results.
Markets are weak today as expected considering the rally we’ve seen the past couple of weeks. William Dudley, President of the Federal Reserve Bank stated today that the US employment and inflation are likely several years away from being in the Fed’s “comfort zone”… interesting… you can read more about that here.
Well we had another “one and done” trading day using our futures trading strategies. We had a great Pullback, or an EET setup, that both delivered a daily win! And within 5 minutes of the opening bell! My kind of day!
Learn more about our day trading system by browsing our site. If you are new to futures day trading, be sure to stop by our emini futures for beginners section here:
Emini Trading Techniques Explained for Beginners
Have a great day and we’ll see you on the next blog post!
Cheers!
ETS
Emini Futures Trading for 10/19/2010