FOMC Order And Prediction
Updated
Targeting sells from 1944-46 area. Golds sudden bullish movement to this price has caught my eye. I believe FOMC will not raise rates, thus I think it will have a huge impact on metals. There could be range up to that 1948, my stop is at 1948.5 with 2 targets 1940 and 1927 which was around the area of 25 key support.
Ive implemented the use of FVG, BOS and CHoCH, Im slightly adjusting the way I trade news, and trying to play it safer with setting orders rather than instant executions.
Overall this trade gives me a 1:1, 1:3.75 R/R. Orders set, lets see how my analysis goes.
Ive implemented the use of FVG, BOS and CHoCH, Im slightly adjusting the way I trade news, and trying to play it safer with setting orders rather than instant executions.
Overall this trade gives me a 1:1, 1:3.75 R/R. Orders set, lets see how my analysis goes.
Trade active
TP1 HIT 1940HOLDING TP2
Note
1933, gold over 100 pips from our entryTrade closed: target reached
Closed 1932, 120 pip160 pip total.
Thank You Mr.Powell
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