It's Fed Day. I won't be in the market at the time of the Fed Announcement, and will only take A+ set ups before the announcement. My intraday levels of interest are in the video.
FOMC @ 2:00 PM EST reaction will see one of 3 Events: 1. 75BPS is priced - leading to a move higher to recent intra-week Highs. 2. 75BPS is priced - leading to a tighter range into Powell. 3. 100 - 125 BPS is not priced - leading to a breakdown and a VIXplosion to 31 and VIX Curve inversion. Powell's conviction @ 2:30 PM EST sets the Equity Complex in...
If 100 bps, then break below support & cont. down. If 75 bps, then remain above bottom support. If 75 bps & hints of future pivot, then back into triangle with breakout imminent. If 50 bps, then To The Moon!
The DXY made a run for highs yesterday as we had one more rally in yields just before the FOMC. We are currently flirting with highs, with a wick peaking past 110.75 to 110.86 or so. We will need to solidly break this if we are able to hit our next target at 111.37. We don't expect too much action until the Fed rate hike today at 2 PM EST. We are expected to...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 70 out of 500 days done. I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All...
Like we said already, today is FED Interest Rate decision. This will definitely cause some moves. Here's what you need to look for before you enter a trade. Direction : there is a higher probability for a strong USD, therefore we should see a new low on EURUSD. However, we should not sell right now! Levels: The support levels are 0,9878, followed by 0,9800...
after tomorrows rate-hike of FED, ... won't there be any further hikes this year? (Midterms)
Good Morning Traders, Before FOMC, while the expectations and guesses have been spoken to everywhere, Silver might form an inverse H&S targeting the area between 22-23. I'll share my long gameplay below; Entry point : 20.10 TP : 22-23 ( I'll look into the momentum and Fed decision while deciding my actual target. SL : 18.60 Since...
EURUSD is rejecting the resistance zone but it looks like it is going to wait the news tomorrow. Before that, it could continue trading sideways without forming lower lows. You can look for aggressive entries on the rejection or wait for further confirmation for more conservative positions.
Hello Traders, Here is a quick post about the FOMC meeting and prior FED news. I'm partly anticipating for price to test the key resistance level on Tuesday, the day before the FOMC meeting. - My concern is that price did the same thing last week the day prior to the CPI Data being released... Obviously a large sell-off followed. I don't think it's a...
its hard to predict what am i predicting now, its somewhat related to speculating, what am i saying is that due to FED's meeting, the market will react negatively and reach around 11520. but far enough who knows what will it be declared in the meeting so far. but i am saying such statement because just because of 'hike news' the market reacted negatively, so if...
On the day of the increase most likely the market will go up which is counter-intuitive because when you think about increasing interest rates money becomes more expensive to borrow. So shouldn't stock go down? Usually, that tends to be true, but when there are High rates of inflation investors want to pay less money for a company. P/E values get compressed...
• Descending bearish channel on daily chart • As you can see, Euro Dollar has been trading in waves within a descending channel with each wave breaking and making a new bottom at least by 200 pips lower than the previous one • However, during the last wave we are in now, sellers seem exhausted and unconvinced • The new low is barely within 100 pips than the...
🎲 #ETHPERP #SHORT #SCALP 🎲 "Roll The Dice" Risk - Med-High Entry Conditions: - Lost Multiple local supports - Money flowing out of market heavily ahead of the Weds Inflation announcements News Source: - Fed Announcements on Weds will disrupt market ENTRY: 1308 TP1: 4.7% 1248 TP2: 8.64% 1195 SL: 2.67% 1343
Hey traders, as the previous FOMC meetings were hawkish, and based on the last CPI number we are still expecting Fed Powell to be super hawkish on Wednesday. More hawks means more bears on the stock market along with the crypto market, as fed continues to tighten the balance sheet buying the dip is not recommended yet as we're looking towards having more...
Bitcoin got slammed as investors brace for another rate hike this week. All risk-on assets are selling off with Dow futures falling 200 points, and the S&P 500 testing relative lows. Bitcoin gave up the $20K's, finding support at $19.5K for a bit. Last night support gave and we tumbled further to support at $18.6K. We are currently seeing support here...
The US dollar has topped out at 110.20, our target from last month. The last time we hit this target was earlier this month, then the markets started to anticipate that the inflation had plateued, and we saw a significant retracement back to the 107's. However, they were proven sorely wrong as inflation came in strong with CPI last week. Even with this surprise...
Stocks are edging lower yet again, as investors price in a potentially historic rate hike. In order to combat the highest inflation we have seen in 40 years, most agree that we are looking at a 75 bps rate hike , but some suggest it could be as high as 100 bps . However, multiple indicators suggest we are in the thicket of a recession, and after this rate...