Fed Day is know to create wild volatility in the markets, creating day trading opportunities like no other day. All day traders circle this day on the calendar – some in anticipation of amazing day trading opportunities, some in anticipation of taking the day off.
It seems that the markets behave differently all day, even all week, around Fed Day. And when the announcements occur, they go CRAZY.
The most recent installment of Fed Day was no different.
Like clockwork, the S&P Futures market gyrated like a whirling devil, first skyrocketing by 4+ points in one minute, then plumetting almost 8 points in just the next minute. That’s a wild 12+ point swing in a two minute span.
But the market wasn’t done there. Not even close. Over the next three minutes, the market spiked back up 7 points, only to hit a ceiling, and drop into the abyss, falling a whopping 10.25 points over a seven minute span.
Right about then, inexperienced traders probably expected things to be settling down. The announcement had been out for 10+ minutes, so the insanity should stop, right?
Not on Fed Day. In fact, the market turned on a dime, and over the course of the next 13 minutes, increased by over 12 points!!!
And then finally, Fed Day ended on a 16-point drop over the course of the final hour or so.
CLICK HERE TO SEE A PICTURE OF THE FED DAY INSANITY
With all this volatility, an experienced trader would have found ample profit opportunities.
I expect that many day traders who knew how to take advantage of this wild movement probably pulled in profits of well in excess of 100%, 200%, even 300%+.
There was more than enough of the beloved Volatility to do so.
If you know what you are doing.
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p.s.s. To discover how YOU can learn how to take advantage of wild and crazy movement like you find on Fed Day, simply enter your name and email address in the following form, and you’ll receive a FREE copy of our e-Book The Guerrilla Trader – Classified Insider’s Report
