The FOMC was a massive impact on the market.
I waited for almost 8 hours and finally traded with a small lot and stoploss hit with a 4 USD distance.
It's a good stoploss at 1942.
Let's see the is going on today.

The resistance level in 1960, and the support level in 1951.
I want to give a breakout strategy for today.

Strategy A: buy stop If the price breaks in 1960 again, buy and aim for 1972. Stoploss at 1951. RRR 1:2. And must give a breakeven if the price surges a bit.
Stragegy B: sell stop
If the price breaks in 1950, sell and aim for 1930 something. Stoploss at 1961. RRR 1:2. And must give a breakeven if the price drops a bit. ------------------
BINGO !!!! Strategy B :)
Comments