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Old 03-21-2008, 09:02 PM   #17

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Re: Fed Day Advice.

There is a way to do but it has to be Non-dealing desk in order to make your percentage of success higher. The great thing about it the news is that once, it decides on a direction, it's a nice long ride. You just have to be patient and wait for the entry.
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Old 06-27-2008, 12:59 PM   #18

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Unhappy Re: Fed Day Advice.

Interest rate was unchanged.
With a neutral stance, this is like
balancing a marble on a pinhead.

Just sit back and watch the mayhem.
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Old 06-27-2008, 01:53 PM   #19

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Re: Fed Day Advice.

Words of advice:
Professional Traders (I'm talking the Big Boys and Girls whose pips are worth THOUSANDS of Dollars and are responsible to manage others money) tidy up their books and sit tight during the release of Fed News- GENERALLY, not looking to add-in or scale out at that time...

.....why in the world would a retail trader attempt to do so unless he/she is very seasoned and is looking for a quick in and out?
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