Hey friend,
Today is all about the Fed.
The rate decision will be announced in one hour…
And half-an-hour after that, Fed Chair Powell begins his press conference.
The Daily Direction
Note: While indexes continued to dip slightly yesterday and edged lower this morning, all index directions are still in the green.
The Daily Nugget
Beware those who tell you “it’s different this time”.
History doesn’t repeat, but it does rhyme…
So be careful of those who tell you that it’s different this time.
The narratives and the headlines change.
The names of the companies change.
The technologies change.
But when you look at the price action and compare it to years and decades ago…
Suddenly you start seeing the same patterns over and over again.
There’s a reason for that.
It’s because these patterns are formed by human psychology…
Which has remained the same for thousands of years.
That’s what makes these patterns so powerful – no matter what the headlines are saying.
So if you want to be a more successful trader…
Pay less attention to the headlines – and more attention to the patterns.
P.S. Want to see a specific group of stocks Ross is seeing opportunity in right now? Click here to watch him break it down.
The Traders Agency Team
