Alrighty then the moment we’ve all been waiting for is here, FOMC is in effect tomorrow afternoon. Today was perfect up trend to set up tomorrow’s big event. The guy from the big short tweeted “SELL” the dude Cramer said “BUY” but who cares nobodies can predict the future. All I know is I’ve gone over how to play these FOMC days and I hope everyone knows what to do and has a couple of these moments under their belts. Do not buy anything until 5 minutes before the announcement if you want to be ahead or wait for the first candle on the 3 minute chart and do the opposite of what candle is made this volatility will be over in less than 10 minutes. The real action starts when Powell gets to talking his mess 30 minutes later so buy puts or call’s right before he starts yelling. Tomorrow is going to be sideways up to the FOMC.
As always trade what’s in front of you good luck
As always trade what’s in front of you good luck
