Don’t Miss These Trades on FOMC!

Are you ready for FOMC?

Tomorrow isn’t your average Wednesday – it’s FED Day, which means our window of opportunity will be much smaller and we need to make every trade count!

Lucky for us, there are a TON of great trades waiting for us on Wednesday…

Whether you’re trading Emini, Nasdaq or Gold – keep these trades on your radar!

E-Mini S&P (ES):

E-Mini Keys to Success:

• Bears took control into a range going lower today.
• Sellers were successful in shorting the highs of the range, and now they’re trying to get a breakout through the ‘pendulum-swing’ on the opposite side.
• Sellers will be looking for shorts on the way down to major lows at 4293, or they need to wait to sell at resistance levels above the trading-range.
• Buyers have a great opportunity to buy these lows (range is a magnet) but momentum is too bearish, so they need to wait for signs of exhaustion before getting into anything long.

Best Trades for Tomorrow: 

• UP – buy the seller failure off range lows (and) sell the buyer failure off range highs.
• DOWN – sell the 2-Try breakout

E-Mini Nasdaq (NQ):

Nasdaq Keys to Success:

• Bears took price lower into a narrow trading-range today. 
• Sellers got their chance to short off range highs, and they’re currently trying to break free of the range underneath the ‘pendulum-swing’ support zone.
• Sellers need to stay patient right now; they can sell off range highs, or they can wait for a 123-breakout and sell the first pullback that follows.
• Buyers are in a great place to get long off these lows with the range above them, and possibly a pendulum-swing breakout going higher.

Best Trades for Tomorrow: 

• UP – buy the seller failure off lows (and) sell the buyer failure off range highs
• DOWN – sell the 123-breakout

Gold Futures (GC):

Gold Keys to Success:

• Buyers took control into a range today and we’re now pulling back to the high of that range, where we assume buyers will be looking for another leg higher.
• Buyers will want to “trap” in the sellers for an easy entry long, or look for buying opportunities at support levels below the range.
• Sellers need to stay patient because momentum is all bullish.  They can “trade the rotation” running down to the pendulum-swing, or they can sell off major highs with a 2-try failure pattern.

Best Trades for Tomorrow: 

• UP – buy the seller failure (or) sell the buyer failure off major highs.
• DOWN – sell the 2-try trap (or) buy the seller failure off support levels below the range.