
The Art of Trading
The recent focus in the market is non other than US interest rate hike! Since the start of their first rate hike, we have seen market "spike" (which we haven't seen in a long long time). ** The above is extracted from CNBC website** The chart below shows you what happened during the announcement, and how market players reacted to the news by creating the spike upwards before dropping further. How does our traders benefit from this news event? First, as we can see from the cha