Hey friend,
Not much on the economic calendar today.
The Fed starts its monetary policy meeting tomorrow, with the decision and the press conference on Wednesday.
All eyes will be on that.
Let’s see how markets have been moving.
The Daily Direction
Note: Indexes closed mixed to end last week, but opened largely higher this morning – keeping all index directions in the green.
The Daily Nugget
Don’t just know why YOU buy – also know why other people buy.
Before taking any trade, you should be absolutely clear behind the reasons you are buying.
That’s a given (even though so many people still don’t do it).
But that’s just the first level.
The next level is knowing why other people buy (or sell).
Now, at first glance, it seems obvious.
They buy because they think it’s going to go up.
And they sell because they think it’s going to go down or stall.
But that ignores one very important principle – opportunity cost.
Capital is limited for everyone – even the billion-dollar institutions.
And every dollar allocated to an “okay” or even merely “good” trade – is a dollar that could be allocated to a great one.
The smart money is extremely aware of this.
And it’s the biggest reason they rotate out of seemingly good trades.
And of course, because they’re the market movers – when they rotate, so does the entire market.
That’s why tomorrow, Tuesday January 13 at 11 a.m. Eastern…
Head Trader Ross Givens is going LIVE to show you how to track their flows, using a strategy he’s spent years developing…
So you can essentially use their money for your profit.
Every single trade Ross’ strategy has spotted this month alone are all up double-digits – with one trade up over 70%.
He will walk you through everything in Tuesday’s free live session.
So just click here to save your free spot…
And Ross will see you tomorrow morning at 11 a.m. ET.
That’s why you want to track their flows.
The Traders Agency Team
P.S. Planning to attend on a mobile device? Make sure you download the presentation apps now so you don’t miss a second of valuable information.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps