FOMC Part Two.
Part one of the plan to trade the rally into the FOMC event tomorrow is done. Now we look to take advantage of the move. Does Powell get the move right or does the market panic? We need a watchlist and plan for either scenario.
Part one of the plan to trade the rally into the FOMC event tomorrow is done. Now we look to take advantage of the move. Does Powell get the move right or does the market panic? We need a watchlist and plan for either scenario.
It’s still spongy summer trading with consistently low volume. What’s an e-mini daytrader to do? Here is my adjustment for illiquid trading seasons.
This could be with a big week with a decision from the FED, and then we’re ending up with expiration on Friday. We really need to be careful here, or use lotto type trades, as we could go either way.
I don’t usually focus on cryptocurrency, but with a solid signal shaping up, it’s worth reviewing. That along with two other equity setups.