Reminder of lot sizes

Reminder:

We've broken through the first long level on the KOG report. Looks like it wants that lower level

Never a good idea to try and trade against the momentum

Let price find its support

This now the range low.

We want to see it break or not

FOMC later today. We'll try our very best to put together the KOG report pre-event, usually an hour or so before.

Reminder:

TIP:

You see how they did the breakout of the range above and then broke back in. This is the market taking out all the stop losses and activating the buy limits above the range. Once they've taken out the sellers they then come back down to take out the buyers. This is how they make money. Now imagine this the opposite way round, there will be a lot of buy orders, sell stops and buy stop losses waiting below the range low, there is a chance they will attempt to grab this liquidity so please trade carefully. Targets will always get hit, its not rocket science to identify targets, its how you manage your trades and money on the way to those targets that makes the difference

We shared this on the group a while ago. This diagram will give you a clearer understanding

FOMC - In our honest opinion the best way to trade this particular FOMC is to not trade it at all or trade it with small lots that allow you to move with the price without panicking if the price goes against you. We have a way to trade these events so will be sitting back on this particular one and observing until we feel the market is at the right level to get into any positions.

In any case, here is the KOG report for FOMC. Please do give us a like 🙏

And please traders....Be careful in these markets.

Very difficult to target these levels guys. If this doesn't move at 7pm they'll be waiting for the press conference at 7:30pm

This person will do well. Well done 👍

Thank you to all those who comment and like our posts. It doesn't go un-noticed. 🙏

5mins to go. Lets see what they do