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The only waves I follow re FOMC are the brief moves immediately following 2:30pm. Usually a 3-step move, eg kneejerk reaction, countertrend move, then final major run after 3pm

If bullish reaction I'm looking at bitcoin and meme plays MARA RIOT COIN, AMC etc. If bearish I'll buy inverses UVXY SQQQ

Sale ends tomorrow... check it out!

In extensive testing I've found no consistency nor correlation that performs the same across multiple timeframes...as far as technical signals go. If there was I'd create a bot. Where I obsess is trade management... controlling losses and scaling into my winners. All we have is price action...

Literally lol, thx..... Best. Thread. Oftheweek.

Fwiw I think VIX is due for an upside move soon, I'm long UVXY and will scale up if mkt sells after tomorrow morning 8:30 cpi numbers out. Long volatility here

GME down ah .... game over?

fyi

I still don't "get" bitcoin. Seems like fake digital monopoly money. I'm not touching it, seems phony, risky.

nice uvxy surge

Now I've got both watch and gun envy lol.. gotta love well-made mechanical stuff... I collect old vintage saxes

Lol re thread, dest wins.. Hey with cellphones, aren't watches redundant.

Added a private phone coaching bonus https://trademastery.com/live/

Exactly. It's all about ranges and volatility..

Good points, thanks. I trade most days and often show my live fidelity trade confirmations, like I did this morning. I think, bottom line, the percent of specific winning trade alerts provided to members in realtime is the most valuable metric. I challenge any room to outdo me on that...

fyi

put on tiny starter trades premkt; will scale l8er if they go up using 2dlow stops, for swing trade

It went up bc more buyers than sellers. Who cares why, beyond that.... we're traders. I suppose it's fun to guess at reasons beyond that, but like GME TSLA etc, meme wsb stocks are momentum plays. What I think about is how to trade without getting shaken out, should I scalp on open vs all day...