Wednesday, May 4, 2022
Open Day Trades White box on daily: Note that the market made a bullish candle earlier this week, so the FOMC was bound to go up later this day. Yellow
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Open Day Trades White box on daily: Note that the market made a bullish candle earlier this week, so the FOMC was bound to go up later this day. Yellow
Open Day Trades This day was packed with setups and fakes, especially after FOMC comes out at 11. Extra volatility, massive swings off of significant levels, and a big fake
Open Day Trades Orange circled MACD: This day was a huge FOMC day. Note that the MACD on 5/15 are heading lower pre-open, but we get our standard fake upward
FOMC today. This set up a long and then subsequent reversal crash the next two days. Open Day Trades Off of the open, 1m made some bearish setups along the