FED Day — Less Is More
by Tony Rago
FED Day today, so less is more. My plan is to take a few setups, provided they show up, and then wait for the press conference to see if there’s an edge and anywhere to manage risk. I’m also perfectly fine with not trading the afternoon — FED Days can get very whippy once the market starts digesting the decision and commentary. Today is less about trying to capture every move and more about where we ultimately close on the daily chart. That close can help set the tone for the rest of the week and potentially the month.
So be patient and mind your risk. Protect your capital — mental and otherwise! There’s nothing wrong with sitting on your hands when the tape gets messy or the risk/reward isn’t there. Let the setups come to you, respect your plan, and remember that you don’t have to trade every move. Let’s get after it! 💪
👉 Full breakdown is inside today’s Pre-Market Playbook.
Check it out here and trade it smart.
Until next time,
Tony
