FOMC raised rates 25 basis points as predicted by every pundit and academic on the planet. However, this move sent the markets plunging. Many can argue about the language of the Fed's comments but that's missing the point. The point is, this is what trading is all about. We can never know what's going to happen next but we can know what we are going to do next. The market has quickly gone from a bullish bias to more of a neutral posture. As always we simply wait for a setup and enjoy the volatility as thats whats going to power our next trade whenever it happens. This is the ideal environment for our method to profit. Stay tuned and read your charts.
