Fed expected to hike rates by three-quarters of a point again, but its forecast may matter most

Does it REALLY matter at this point? We KNOW it's 0.75% now and 0.75% in November.

The FED needs to kills the jobs market and reset the housing market(s) - can't do it until interest rates get to 5.0%+

No matter what the rate there will always be a move that will wipe most day traders out, 3900 is strong resistance, strong support is 3800. My expectations are we get a push up take out the volume at 3890/3900 then the market dumps . No doubt the media will say his comments afterwards worried traders or some such hind sight rubbish.

You mention 3900 and 3800. What kind of asset/pair are you referring to?

The dot plot is going to be the focus. I'm expecting fireworks at 2pm and through Powell's press conference. Check out the preview I posted including FOMC 2022 impacts: https://www.cryptocraft.com/thread/post/14144586#post14144586

I am looking at the SP500 options to see where the value is.

Most of it is already priced in. 81% of 0.75 and 19% of 1.00 probability are priced in.

Ok thaks

The SP500 did exactly as predicted killing day traders at both ends of the trade long and short. However, these news levels are predictable before the event if you know how to do it. I will call another 5 levels on news events to see if I have it right then, once I am sure I will share it with the community provided you pay me 1000 GBP each. No free lunch here.

Actually exactly the same has been done by number of other assets. The US Dollar is king. It is just killing it.

Hurst you are very good at this, but nobody has 1000 GBP to send online like that

Hello JonSnow,

I don't understand. Let's say someone tells you how to predict the levels before a news release and they are correct, think about it, how much money you can make. Had you sold 3900 which I called before the news release and targeted 3800 that 1000 points. Say you traded it for $1 per pip

$1000 there.

Now, you have say 2K in your account, a 50 pip stop and you risk say 5% of you account on the next trade. so a risk of $100 $2 per pip, you nail another 1000 point trade you have just doubled your account. Again I trade over big news events, because they move the market.

There is usually 1 big news event per week, so instead of sitting in front of a chart all week making pennies you are taking the best move every week. I am not sure how much you spent on courses and mentoring, but I bet you did not invest in yourself $1, tell me how many years are you going to feed your broker money?

Listen guys, trading is the hardest business in the world. I would say most of you are doing it completely wrong. Last month I helped a friend make $2000 into $117,000, in about a month. This week he took $5000 and his account is sitting at $26,000.

He trades hard, when he told me what he did I was amazed, yes its high risk especially in the beginning, but you can replicate what he does just risking 10% on your first trade. He starts off risking 50%. At one stage he had so many open trades his broker refused to accept any more trades.

I taught him a couple of strategies and he does them all the time, he is killing it. I realised all these so called gurus were idiots, their risk control 1% on a trade is due to the fact they have no clue about trading so they risk a tiny bit as mostly their trades fail. We are lied to, some fool selling a system that may only win 50% or less trades.

I only trade the indexes, because they move, if you trade forex you are kidding yourself, you have no data...nothing. Indicators are useless. Pattern trades are in my opinion a good guide but on their own USELESS. Your chart tells you nothing, candlestick patterns again useless. When I saw the real way to trade, I was amazed. So back to your 1000 GBP, is it worth it?????

If I could take all my losses, wasted years looking at rubbish, and buy back those years, lost money, frustration and time, I would do it in a flash. The alternative is just despair.

I am going to offer the solution to you, it will cost you 1000 GBP, I am only going to tell 10 people, the offer is open till Monday 26th Sept 2022. After that you missed it, look forward to many years of failure and losses. I will also include the method I taught my friend as a bonus.