Monday 14 March 2011

Fed day bias

Tomorrow is Fed day.  Historically this day has provided a upside edge at some point in the session.  Below is an equity curve of a strategy that goes long 1 contract of es emini futures (at the open of the overnight session) and exits with a profit target equivalent to 4 points in today's market.


This is one of many signals that suggests an upside bias at some point for tomorrow.  Whether this bias plays out is unknown, but I hope the info is of some use.


Please trade at your own risk. 

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