Wednesday fed meeting strategy.... got ideas?

I'm predicting he will just confirm things he's already said. They aren't raising rates right now. I'm already bullish USD so I'm set for when interest rates rise.

When they finally do start to raise rates later this year... The USD will rise and many people will think that is the beginning of the rise... Not realizing it's been priced in for months. So that's the time to get out, not in.
 
farmerjohn1324 said:
I'm predicting he will just confirm things he's already said. They aren't raising rates right now. I'm already bullish USD so I'm set for when interest rates rise.

When they finally do start to raise rates later this year... The USD will rise and many people will think that is the beginning of the rise... Not realizing it's been priced in for months. So that's the time to get out, not in.
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So the Fed did exactly as expected and exactly as I said. Yet it worked against the USD (at least in the immediate short-term). I should have seen this coming. So many people wishing and hoping for some super great news for the USD... That even a neutral report would send it crashing. So obvious in retrospect.
 
farmerjohn1324 said:
So the Fed did exactly as expected and exactly as I said. Yet it worked against the USD (at least in the immediate short-term). I should have seen this coming. So many people wishing and hoping for some super great news for the USD... That even a neutral report would send it crashing. So obvious in retrospect.
More...

I've been reestablishing some metal mining positions last few days and reducing my large exposure to energy. The 2 pm announcement was as expected and this time the commodity area responded logically to that reality. Nothing major yet but if momentum and technicals means anything it could turn into something better. If Oil price sticks I'll keep my favorite positions.

I don't expect higher rates for quite some time they've been clear on that. Only scenario where we get them imo would be an incredible economic recovery and so much money can be made long stocks if that occurs prior to any hike.
 
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Nine_Ender said:
I've been reestablishing some metal mining positions last few days and reducing my large exposure to energy. The 2 pm announcement was as expected and this time the commodity area responded logically to that reality. Nothing major yet but if momentum and technicals means anything it could turn into something better. If Oil price sticks I'll keep my favorite positions.

I don't expect higher rates for quite some time they've been clear on that. Only scenario where we get them imo would be an incredible economic recovery and so much money can be made long stocks if that occurs prior to any hike.
More...

So after the Fed meeting, the EUR/USD went up and tested its March 11-12 high of 1.199. It almost touched it, but now it's back down. I was feeling like I lost yesterday (I'm bullish USD) but now feeling pretty good if the USD can take a beating like yesterday and still not rise above those highs from just 1 week ago.

Also, you can tell from the price action of the USD against the JPY and CHF that there was no significant flight from safety currencies. I think that bodes well for rising 10-year yields in the near future.
 
As anticipated, bitcoin stocks like MARA RIOT and cannabis TLRY etc went up strongly.

Despite their drop I held some inverses like SQQQ overnight, but took stops on their drop initially. Bought small size inverses premkt today
 
maxinger said:
so what to focus on?

as usual, focus on the lead :
index futures, gold, long term bonds
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%% I did something like that /SPXL buy order got bought/sorry i missed tqqq.
Started in tqq buts today\ so usually never to late.....................................................................Exit on UDOW today/still in ddm
 
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