Learn to trade FOMC with Platinum’s Trading System
Today we discuss the upcoming FOMC and why it is important for us to keep an eye on. We also look at which Platinum strategy to use when the event occurs at 7 pm GMT tonight. With the FOMC you either have a hawkish or a dovish sentiment. A hawkish sentiment means a positive net effect for that currency i.e US dollar. A dovish sentiment meaning the opposite. Regardless of whether it is hawkish or dovish, we are able to trade it thanks to our extreme zone strategy using the platinum algorithm. The Algorithm predicts the extreme ranges for a currency pair on any given trading day. We use this to our advantage to take perfect reversals of news releases.
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- FOMC event: 0.18
- Platinum Algorithm: 0.51
- Free Consultation and forex blog:2.30
The Platinum Formula:
Perfect Fundamentals + Perfect Technical Analysis + Perfect Logic + Perfect Risk Management = Perfect Trade
THE PLATINUM WAY
At Platinum, we teach all individuals from different walks of life to become a full-time trader or create a secondary revenue stream by trading part-time. We trade in an Institutional Way by letting the market come to us and being patient. Using Platinum’s Trading system you can take many Pips out of the market. We can ensure using this style of trading your trading will make a turnaround as you will become much more consistent.
If you want to trade like the professionals do, making consistently profitable returns from your trading, get in touch with us and we will demonstrate live exactly how we approach the markets.
The information you’ll find in this article is for educational purpose only. We make no promise or guarantee of income or earnings. You have to do some work, use your best judgement and perform due diligence before using the information in this article. Your success is still up to you. Nothing in this article is intended to be professional, legal, financial and/or accounting advice. Always seek competent advice from professionals in these matters. If you break the city or other local laws, we will not be held liable for any damages you incur.