FOMC Meeting tomorrow

Everyone should most likely be aware that tomorrow is Alan Greenspan’s last meeting as Fed chairman.  The Fed are widely expected to raise interest rates to 4.5%.  Ahead of the meeting, the currency market is taking a breather and is expected to do so until a rate increase is announced.

I have not traded at all this week and it isn’t because I’m waiting for the Fed announcement. It also isn’t because I’ve been frightened away from the market.  I just feel like I’ve lost my way a bit.  Not only that but my posts have been fewer and I’m finding myself reaching for something to write about.  I don’t know if I just need a break or if this is the beginning of the end.  I hope it isn’t.  I’m not one to quit very easily. 

One thing I know that has been affecting me is my full-time job.  There have been many changes going on at my company and I don’t know if it’s going to be for good or bad.  I have a new boss as of last Friday and I’ve really had to dig in deep at work.  This has prevented me from doing anything Forex related during work hours.  Some of you may remember that I accepted a forex related job a couple of months ago that I was going to start after I received my bonus at my current position.  It turns out that I’m not going to take the job after all.  The manager who hired me quit suddenly in the beginning of the year. I was able to reach out to him to find out why and was shocked by his words.  He told me flat out not to work there.  He said the environment was absolutely terrible and that he actually felt bad when he sent me an offer letter.  He said he was trying to delay the entire hiring process hoping that I would get tired of waiting and give up.  I’m talking about one of the larger Forex retail brokers in New York City not having a men’s bathroom.  I don’t want to mention them by name now.  I’d rather things cool down before I say anything. 

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