IUM Trading Club

Long Euro futures trade is active at 1.0880. Stop loss @ 1.0780.

New theme: Wait and see on Federal Funds futures

Is stock market leading the range breakout? 🤔

Strong economy - headwind ⛵️

Tomorrow - Fed decision on interest rates! The outcome is expected, but the market reaction is unknown. Almost 90% of profit target on the S&P futures is reached, so it's recommended to take the profit now, and re-enter the trade as the new chart pattern emerges.

Special meeting

Breakout in place, consider adding more at 22.5 (22.25 stop loss - break even)