Trading today's Fed.... the Powell reaction trade

[KCalhoun]

I was successfully daytrading UVXY today, surprisingly strong prefed selling. I trade up to 1400 shares during UVXY spikes.

 

[nooby_mcnoob]

I already made my money in the morning, unless I see a trade I NEED to be in, I'm just gonna jerk off and watch the fireworks.

 

[easymon1]

Plan to trade the reaction to the reaction.
Then trade the reaction to the reaction to the reaction.
Then have a steak and a beer.

 

[zdreg]

I believe markets already know the fed outcome of the possibility of 2 to 3 rate hikes over the next 18 months so I think the markets will rally, unless he throws in some sudden change today

Probably you are right. The Fed will continue on its path of market manipulation. 2 or 3 hikes is meaningless. It simply means that the Fed wants inflation to continue.

 

[zdreg]

unless I see a trade I NEED to be in, I'm just gonna jerk off and watch the fireworks.

In which order?

 

[nooby_mcnoob]

In which order?

Hmmmmmmm

 

[mason macgregorson]

Ill keep an eye out on how this goes, its similar to a 'straddle' strategy i have heard used on Forex. Trading the breakout of the news

problem there is no performance data posted, except when it pleases the Master.

 

[easymon1]

Plan to trade the reaction to the reaction.
Then trade the reaction to the reaction to the reaction.
Then have a steak and a beer.

 

[easymon1]

View attachment 273419

 

[easymon1]

View attachment 273424