TAOST Power Zones on Fed Day Wednesday 22 March 2023

The Trader
The US Federal Reserve raised its benchmark rate 25 basis points today.  As expected the announcement created enormous volatility.
===============

But the price behavior also respected TAOST Power Zones... at least initially.

Lesson... beg, borrow or buy your own Power Zones.  

You'll be glad you did.
Tags:
The Trader

Posted by: The Trader

Wall Street refugee... former institutional broker [nearly a decade] who "saw the light" so to speak... I'm a futures day trader meaning I'm flat (no position) by day's end. I am neither broker nor investment advisor. Opinions expressed are my own and any ideas shared are strictly for entertainment purposes. If something you see here just happens to make you $, pay it forward by donating a portion of the return to pediatric cancer research. If your question to me is how much should you risk on a given trade or strategy, the answer is almost always [as in 99.99% of the time always] "less."