Even though prices have completed the here, I will not be trading it back down as I am positioning for the FOMC. Prices may very well just go sideways here in anticipation of the FOMC announcement. So that is why I am not trading the bat.
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My members caught this trade from the very bottom and several other trades just like it! Join the fun! http://www.efxselect.com
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!
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