Fed Day — Patience Pays
by Tony Rago
Today is FOMC, and if you’ve been around long enough, you know the rhythm — early movement, then a slow fade into chop as the market waits on clarity. The rate decision hits at 2:00PM ET, but let’s be real… the actual move tends to come during the 2:30PM presser when Powell starts talking. This one carries a bit more weight with expectations leaning toward no change, and with it being his final FOMC, the tone of his comments could easily become the catalyst. When the Fed holds steady, the market shifts focus from action to language — and that’s where volatility can wake up fast.
Until then, it’s about discipline. These sessions can chew up good trades if you force them, especially in that midday lull where nothing sticks. Staying patient isn’t passive — it’s strategic. Let the levels develop, let the market show its hand, and be ready when the real opportunity presents itself. Fed days aren’t about constant action… they’re about timing the right action.
👉 Full breakdown is inside today’s Pre-Market Playbook. Check it out here and trade it smart.
– Tony
