In this video, Gail provides and update on the indices prior to FOMC and signals update. Additionally, the Non-Farm Employment Change numbers will be released in Friday at 8:30 am New York time.
Indices Prior to FOMC and Signals Update
The indices are moving upwards prior to the FOMC Federal Funds Rate. Both the 45 and 180 minute charts are overbought using the Stochastics and indicate a possible retracement prior to the FOMC. However, with the bullish candlesticks on the daily chart, today should also be a bullish day.
Additionally, the binary signals had a winning percentage of 73.68% on Monday for the ATM OTM Strategy, lost two ATM special signals and then on Tuesday the ATM OTM Signals provided 10 entries with 9 winning and 1 losing (90% winning percentage). There were 3 OB OS strategy signals of which two made money and one lost.
On Tuesday we did experience some glitches as we were adding email notifications to the signals.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.