📢 Insight on FOMC meeting:
No need to trade during this meeting. Protect your capital.
Pay attention to the forward guidance today. Everything else may already be "priced in".
SPY 
QQQ 
ES1! 
NQ1! will react the most.
Good luck & trade safe. No need to jump on any trades during the meeting YOU MAY GET burned (unless you do a straddle I guess). 💯
No need to trade during this meeting. Protect your capital.
- Keeping it short this time. Stands for, "Federal Open Market Committee".
- Meetings are held 8 times a year. 6 wks apart.
- September meeting is crucial. Right after summer ends.
- FED gives economic forecasts (GDP growth, unemployment, inflation, etc)
- Budget/ debt ceiling discussions/ decisions
- Interest rates (mortgage, savings, etc)
- Forward guidance (very important, probably what matters the most here).
- These decisions will affect the US Dollar, which affects the global economy one way or another.
- Volatility for markets, especially if there's new/ unexpected guidance.
Pay attention to the forward guidance today. Everything else may already be "priced in".
SPY QQQ ES1! NQ1! will react the most.Good luck & trade safe. No need to jump on any trades during the meeting YOU MAY GET burned (unless you do a straddle I guess). 💯
CEO & full-time trader.
🔥 Join the free community: discord.gg/buythedip
FREE full trading strategy & free options flow bot. Daily entries & exits. Swings. Daytrades. Lessons. Goal is to make you a seasoned trader.
🔥 Join the free community: discord.gg/buythedip
FREE full trading strategy & free options flow bot. Daily entries & exits. Swings. Daytrades. Lessons. Goal is to make you a seasoned trader.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
CEO & full-time trader.
🔥 Join the free community: discord.gg/buythedip
FREE full trading strategy & free options flow bot. Daily entries & exits. Swings. Daytrades. Lessons. Goal is to make you a seasoned trader.
🔥 Join the free community: discord.gg/buythedip
FREE full trading strategy & free options flow bot. Daily entries & exits. Swings. Daytrades. Lessons. Goal is to make you a seasoned trader.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.