Hey friend,
Because Powell miraculously didn’t shut down the rally by opening his mouth – the markets are bouncing…
Just as Ross Givens predicted.
So let’s see how the markets have been moving after the latest Fed pause decision.
The Daily Direction
Note: All indexes closed higher yesterday after the Fed meeting. There was no change in any index directions, although the S&P 500 is on the verge of its long-term direction flipping back upward.
The Daily Nugget
The number one skill of trading is separating signal from noise.
You already know the concept of signal vs. noise.
The market is full of noise disguised as signals…
Which is why two traders can have completely opposite views of the market…
And can provide seemingly rational justifications for each one.
One of them is (mis)interpreting noise as signal – and will be proven wrong by the market.
That’s why the #1 skill of trading is being able to separate signals from noise.
In fact, all trading strategies are just systematic methods of extracting signals from market noise…
So, just like the story of two traders above – be very careful when selecting which trading strategies to follow…
Make sure you understand what signals they’re looking for – and evaluate the validity of those signals.
For example, Ross Givens’ flagship trading strategy is all about searching for “breakout points” in individual stocks…
The point where a flood of institutional money makes it almost certain that a stock will skyrocket higher.
And you can get his #1 strategy for spotting these “breakout points” for just 99 cents – for a very limited time only.
Just click here to grab this deal…
But please understand we can’t keep a deal like this open for very much longer…
So make sure you take advantage of it before it’s too late.
The Traders Agency Team
