FOMC Post Market Wrap GLOBEX Trade Plan – The Pit Futures Trading

#daytrading #futures #learnhowtotrade #orderflow

Pretty much had this market called for a couple weeks now. They melted it up into the FOMC news and then blew the top off with a 75 BPS hike… not the 100 BPS people were thinking two weeks or so ago. The tricky thing is… we did not ramp into the close and close on the highs. We pulled back into the value high which the value stayed from the low of day and never was dragged up in either NQ or ES. So either we gap up searching value higher or we trade back through value… or somewhere between. Watch the video for levels and thoughts.

… and yes that’s me smiling.



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Trading Futures, Options on Futures, Options, Equities, Cryptocurrency and Retail Off-Exchange Foreign Currency Transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment.

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