Wednesday, February 18, 2015

Wednesday Trade Review (FOMC)

Evening guys,


Today's trade plan stated that above 88-90 bull were in control and that played out throughout the day, it also stated that we should expect two sided action which is what we got pre fomc.

4 Potential Trade setups on the day, First long at 90, was a first test of the Bull Bear zone and the internals were showing a short term strength against the intial down move. So a long targeting an initial balanced target of 94 could have been executed here. On the second test of the B/B zone the internals again we much stronger than the ES and another long at 90 could have been executed with a target of around 93 initially. Then finally ES had built value higher and pre fomc retested the bb zone with a nice exhaustion of the NYSE TICK so a third long could have been executed there we caution of the FOMC Announcment, Balanced target being 96.

The final potential setup today was the first test of the 95.50-97.50 zone which had confluence with the Balanced Target on the day and was a good short outside of value back into it at 92s.

I will in the near future be launching a Premium Service, which will include all the In depth Pre - Market Analysis, Levels and Trade Plan, PLUS in depth post market reviews along with other potential features which are in the pipeline. If you are interested in receiving any news on this upcoming service, please register your interest by emailing me at Humboldttrade@gmail.com and i will get back to you with news on this when it comes about. Alternatively check out the blog regularly as i will post any new announcements on here.

Thanks and Trade well.

1 comment:

  1. that sounds great - i look forward to it

    ReplyDelete