Gotta love FOMC manipulations and volatility huh...
Some of you are probably thinking IF only we could have such aggressive one sided pa all day everyday.
For the detail oriented people amongst you guys...you most probably already knew how the blue box would react didn't you...
For those who've missed it... the blue box was basically your entry IF you wanted to get involved in the 'real' long move taking place during FOMC events after 14:30 (NY time).
You'll see how we did not get any close outside of the zone and aggressively broke through the buyside liquidity and the 15 min range.
Personally tape read the rest of the move for the sake of LEARNING and IMPROVING MY ENTRIES AND MARKET UNDERSTANDING
Overall market perspective remains the same though until proven otherwise.
Hope you guys had a nice trading day and started the month well...
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Some of you are probably thinking IF only we could have such aggressive one sided pa all day everyday.
For the detail oriented people amongst you guys...you most probably already knew how the blue box would react didn't you...
For those who've missed it... the blue box was basically your entry IF you wanted to get involved in the 'real' long move taking place during FOMC events after 14:30 (NY time).
You'll see how we did not get any close outside of the zone and aggressively broke through the buyside liquidity and the 15 min range.
Personally tape read the rest of the move for the sake of LEARNING and IMPROVING MY ENTRIES AND MARKET UNDERSTANDING
Overall market perspective remains the same though until proven otherwise.
Hope you guys had a nice trading day and started the month well...
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
