On this episode of Develop Your Edge we talk about how I like to trade FOMC Wednesday’s and CPI number release. A lot of retail traders love to trade these news releases, but not everyone knows how to trade them. It can be so violent and volatile that you can be ultimately right and still get stopped out. I also show how I’m using the Order Flow VWAP indicator to determine market direction at the opening during these types of day and what to look for for in entries or exits.
Understanding market forces pre-, during and post-trade is a critical key to becoming a better trader. Join NinjaTrader’s Tom Schneider, CMT and futures market pro Anthony Crudele as they share their opinions on current markets. Watch as they provide actionable, real-time trading examples designed to showcase the benefits of developing a trading plan.
Develop Your Edge is a weekly YouTube show hosted by 24-year futures veteran and CME member Anthony Crudele, an ex-pit trader and one of the first to trade the E-Mini S&P. Each week Anthony and his guests discuss what they are doing to Develop Their Edge in trading futures! Past performance is no guarantee of future results. Derivatives trading is not suitable for all investors.