US500 is abaout to take a direction to the baseground
Updated
What you see on the chart is called the death cross.
Today
CPI data coming out (febr) expectations 0,8( MYS IS HIGHERAROUND 1.1%
Ukraine Russian - meeting: Expectations - NO DEAL(MY EXPECTATIONS
Next week FOMC. CPi data is a barometer for us.
In the next five-8 days I expect zigzag to moderate trading, but bad news of CPi; UKRAINE Russia meeting can send US500 to the downsid.
Today
CPI data coming out (febr) expectations 0,8( MYS IS HIGHERAROUND 1.1%
Ukraine Russian - meeting: Expectations - NO DEAL(MY EXPECTATIONS
Next week FOMC. CPi data is a barometer for us.
In the next five-8 days I expect zigzag to moderate trading, but bad news of CPi; UKRAINE Russia meeting can send US500 to the downsid.
Note
Tomorrow we will have an important day, 99% of rate hike. 80% 0,25 basis point 20% of 50 basis point. More interesting things will be the tone and trajectory that FED will signal tmr for us.
For inexperienced traders, I do not recommend trading the event, in fact, it actually does not matter that you are educated or that have 10+Y experience the first 15-90 minutes is always about to settle down the dust.
- Read the statement
- Watch press conference
- Take notes & think before you move.
Trying to put your positions into block trade is necessary.
Good luck
Note
Around mid-day when the market probably will pull back I will close the current short position or put into block-trade. I recommend this to everyone.
Trade active
I will close the block trade and I let run the short byitselfTrade closed: target reached
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