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TRADING BLOG EP. 24 - TRADING BEFORE FOMC CRAZINESS

Today there is a lot of high impact news releases. Non-farm Employment Change, Job Openings, ISM Manufacturing, and then the adjusted Federal Funds Rate & FOMC Conference. There was a lot of volatility, but that means opportunity. I ended up taking a great short position before all the FOMC craziness happened.

I used institutional trading tools like the market profile, VWAP, orderflow, and more to find this setup. Market was above value & I was expecting sellers to step in at these “above value,” prices. They did exactly that, and I was able to profit off of such a great move.

This was my first trade in a little bit because I have been busy with the process of moving into a new home, but this was a great first trade opportunity back from a little bit of not being able to trade properly

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