DislikedI'm going to wait till the actual rate decision.. and then I'll trade. It would be foolish to trade right now.. all sorts of madness happens before a rate decision.. rumors that a 75 bps cut might happen.. will propel the carry trades. Then if rumors come out that the cut will only be 25 bps.. you'll see a massive drop..
So be careful. Have tight stops.. if you're brave enough to trade before the event of the month :Ignored
Indicators show the past. Price Action "Indicates" the future.