Good evening, Traders!
Based on recent comments from Fed Chair Powell, the Fed sees the economic recovery gaining steam and has no plans to hike interest rates for the foreseeable future. That means short-term borrowing rates will remain tethered near zero while the Fed maintains its current asset purchasing policy. The Fed's decision is about what Wall Street was expecting, but some investors were prepared for a possible curveball. And the Federal Reserve expects GDP to continue growing, signaling a strong economic push for at least the next couple of years. This is good news for traders like us. We have tons of opportunities on the horizon that we can use to grow our trading accounts. Please keep reading for details on how I can work with you to establish a trading strategy that will follow the coming economic changes!
Keep moving forward! Josh Martinez
Recognizing market patterns is one of the most important parts of setting up a trade. Without plotting the market direction, we have no way of knowing whether or not we should buy. That's where timeframe analysis comes in. We look at a market through the lenses of different timeframes to discover what direction the market is head. By determining the long and short-term direction, we can look for opportunities to buy into a market and make winning trades. Check out my video on recognizing market patterns to learn more! Mindset Wisdom "Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." Jim Rogers
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The importance of recognizing market patterns
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