FOMC Traded to Perfection
Watch how we use our extreme zone strategy to predict exactly where the EURUSD stopped after FOMC and federal funds rate was released causing volatility in the pair. Euro shot down 145 pips but the zone predicted the reversal to perfection with an easy 40 pips being generated. The event is one of the most anticipated events as all the major pairs are effected by the US dollar. The federal reserve have huge influence over the strength of the dollar and many traders try different strategies to trade this event. Our algorithm calculated the reversal to perfection on our extreme zone strategy.
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