FOMC Minutes today @ 7PM GMT

Ok the markets are asleep at the moment due to the FOMC minutes coming up at 7PM GMT, I will be going flat before then, probably around 6:30PM on the last trades (closing them) and maybe looking later an hour after FOMC so we are well out of the press conference.

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My feelings about FOMC are pretty much that they will do nothing surprising, they will simply confirm tapering and so the markets may do some serious whip saw-wing and then go flat. Incidentally those with robots on should disable them till an hour after the minutes. Otherwise you could lose a lot of the profits you made last week (this is why I don’t use robots, although I am looking at a couple for low risk investment).

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