FOMC Trading Plan: What to Watch
60sClear, actionable FOMC trading strategy that viewers can use immediately, with a focus on liquidity and manipulation.
▶ Play Clip"Delivers a real live trading session with actionable insights, but includes filler and self-promotion."
The video is a live trading session focused on FOMC day, where the trader analyzes NQ and ES futures, discusses market bias, and executes trades based on price action and liquidity concepts. The trader emphasizes the importance of observing price action, managing risk, and stepping away when the objective is met.
The trader welcomes viewers, apologizes for camera setup issues, and introduces the FOMC day plan.
The trader notes the last two days have been bullish, expects a rebalance and continuation higher, and wants to see manipulation of the downside before moving up.
The trader explains that during the first 15-20 minutes of FOMC, they observe where the market is drawing towards and wait for price to show direction, expecting an initial move opposite to the eventual trend.
The trader advises building conviction and confidence by starting small, trading low size, and gradually growing the account to avoid blowing it due to overleveraging.
The trader observes the market taking the low, notes an SMT with ES, and waits for price action to develop.
The trader takes a small long position with tight risk after CE holds, expecting a move to internal highs.
The trader explains that an SMT at the highs prevented taking the high, and they expect a displacement up after rebalancing.
The trader explains that during FOMC chop, they use a 5-second chart to see the fractal model, but advises against it for new traders.
The trader emphasizes trading what you see, not looking at P&L until the day is over, and having good risk management.
The trader highlights a clear model playing out as expected, and mentions being up $3,000, with no need to trade further.
The trader predicts a turtle soup setup, expecting a sweep of the internal low and a rebalance higher.
The trader notes giving back $500 on a trade and emphasizes the difference in sizing between wins and losses.
The trader explains that news funnels volatility into the market, but price continues towards existing draw on liquidity regardless of news.
The trader takes a final trade, gets stopped out, and ends the day up $2,000, advising to step away when price action becomes wacky.
The trader ends the session up $2,000 after taking four trades (two winners, two losers), emphasizing the importance of stepping away when the objective is met and not overtrading.
What is the trader's bias going into FOMC day?
The trader expects a rebalance of price and continuation higher, with manipulation of the downside first.
01:11
What advice does the trader give for trading on a funded account?
Start small, trade low size, build back confidence and conviction, and gradually grow the account.
07:13
What is an SMT (Smart Money Technique) in this context?
An SMT occurs when one index (e.g., ES) takes a low/high while another (e.g., NQ) does not, indicating a potential reversal.
11:16
Why does the trader use a 5-second chart during FOMC?
Because price is fractal, and zooming into a lower time frame clarifies the chop and reveals the model.
28:15
What is the trader's rule about P&L?
Don't look at P&L until the day is over; trade what you see and have good risk management.
30:24
What is a 'turtle soup' setup?
A setup where price sweeps a low/high (often an internal level) and then reverses, trapping traders.
42:53
How does news affect price according to the trader?
News funnels volatility into the market, but price continues towards existing draw on liquidity regardless of news.
49:00
What was the trader's final P&L for the day?
Up $2,000 after giving back $1,000 from a peak of $3,000.
55:41
Funded Account Advice
Provides practical advice for traders transitioning to funded accounts, emphasizing risk management.
07:13Fractal Nature of Price
Explains why lower time frames can clarify models, a key concept for advanced traders.
28:15P&L Mindset
Highlights the importance of focusing on process over outcome, a core principle for trading psychology.
30:24News and Liquidity
Clarifies that news does not dictate direction; liquidity does, a fundamental insight for trading.
49:00Step Away When Done
Emphasizes the discipline of stopping after reaching a daily objective, crucial for long-term success.
55:41[00:24] are we good are we up and going there we are
[00:44] doing all right welcome in hopefully everybody's doing well happy Wednesday um wish I was able to set up my camera because this angle's kind of ass and I don't have my capture card so it's kind of [ __ ] ass right now so we're going
[00:58] to get into it f1c let's talk about the plan let's talk about what we're looking at going into the day now I didn't trade this morning normally the day before um or not the day before but the morning of f1c it was
[01:11] really trade so I want to talk about my bias going into f1c what do I want to see now first thing I want to talk about is the last two days have just been pretty much straight up this morning we had a continuation with CPI now we're
[01:25] what I want to see I want to start to see a rebalance of price and continuation higher so when F1 opens up I want to start to see see manipulation of the downside rebalance possibly back down to this order block see us bounce
[01:39] look to see price continue to climb higher I don't really there's no really orderflow right now um and that's kind of what I'm looking for so bigger time frame 15minute order block I want to see us but this is kind of like the internal
[01:54] watching we could easily see us just take one side of this range and then immediately go back to take the other side so I want to take a look at es here side so I want to take a look at es here as
[02:08] market today yet es is slowly starting to retrace yet es is slowly starting to retrace here too
[02:36] there's no setup there's no setup normally the plan for f1c now it depends I don't it doesn't say that Powell is speaking that's not what I
[02:49] speaking but it says the conference so I'm guessing pal speaking I feel like 4X way they they talk about it because sometimes they say pow speaking and other time they say press conference so we'll see kind of what happens
[03:03] but he does speak okay good that's what I thought um so this is the plan this is want you to note down in your Noggin right now I want everybody to listen up f1c at 2:00 when f1c opens notice the
[03:20] first 15 to 20 minutes ask yourself where is the market drawing towards if drawing towards then you simply wait for the price to show you what the market is drawing towards for example we are in a range right now we have buy side sell
[03:33] side below I don't know which one we want to go take right now I don't care cuz I'm an observer of price action let the market tell us what we want to do opposite direction so right now I'm going to say Okay order flow is very
[03:46] bullish the last two days I think we're probably going to go higher with fomc so what would I want to see the first 15 to 30 minutes I want to see a move to the where I think order flow is pushing so if we come back down have some sort of
[04:00] manipulation here and then look to see price rebalance back to the upside that's what I would want to see but what happens is the first 20 30 minutes is conference actually begins Powell starts to speak is when we most of the time
[04:13] just completely inverse whatever that move was and then we continue to the upside or continue to whatever the draw liquidity is
[04:50] I'm excited how's everybody doing how's everybody's week going so far
[05:03] an almond croissant as well I'm ready to [ __ ]
[05:41] on a Mac oh there it is I do that that's not what I wanted I'm on the wrong account right
[06:18] watching and observing price right now taking any sort of position right now any sort of idea of what price wants to do we are simply accumulating generating liquidity on buy side and sell side wait
[06:30] to have some sort of understanding of what price wants to do right now there's what price wants to do right now there's no reason to touch
[06:59] detaching yourself from the outcome I thought that I had done that but now the problem again what steps can I take to fix so you're saying you're now trading on a funded account so you pass an eval and you're now on a
[07:13] funded um number one I think you have to build back the conviction first because they're completely different things right cuz you have more to lose now so conviction and the confidence back of actually being able to trade on
[07:27] something that you have you know risk on the line so when you're trading and funded the the problem is and what most people do is they'll get a funded like a week because they're trying to get a payout so most of the time people
[07:41] immediate goal is I'm let's go I'm so excited to get a payout all this [ __ ] they take dumb setups they over leverage and they can't control themselves so the to build a cushion you want to go into whatever the funded account is and you
[07:55] want to start small you want to trade low size build back the confidence build back the conviction start trading small and just slowly grow the account and get comfortable with trading on it and that is it don't over leverage trade like
[08:08] micros micros just to get comfortable pressing a button on the account and not pressing a button on the account and not caring about and just end up blowing it so fast because they want to pay off
[08:33] depends on the setup but most of the time it'll still be like four to six love it it's so nice I'm excited to get everything set up so I can start doing
[08:48] everything set up so I can start doing some some more content for you guys I didn't realize how much money I was probably going to spend on furniture so
[09:33] when are you going to be on Words of rdom dude I was oh my God I was supposed to go on Riz literally THS wait what what's what's the date today the 12th it's Wednesday I'm supposed to go on Friday but it's in Miami and I told him
[09:47] I was like I've just I asked him if we could reschedule because I've been like blasted with [ __ ] because moving in and getting everything set up and like all this like I have to be here cuz [ __ ] is like shipping to me and I can't not be
[10:01] here so I was supposed we were supposed to film the podcast on Friday and I was supposed to fly down to Miami but we're probably going to have to reschedule it
[10:16] we've been we've been putting out a lot of a lot of videos on YouTube I'm hoping they uh they've been doing they've been doing good for you guys and been helpful
[10:44] glad you're enjoin it we have a um I have turtle soup videos coming out soon and I know a lot of people have been waiting for turtle soup video so it it's waiting for turtle soup video so it it's I'm hyped for it oh my God my phone
[11:00] what what what did we expect to see f1c open up a move in the opposite direction first thing but honestly this could be literally fast so right now our goal is just watch so low got taken we now have a little bit of an smt
[11:16] here because es came down and took this low here and Q did not so now simply just watching here this could easily just Wick and go take both sides of this but we have to let price action just kind of do its thing
[11:28] kind of do its thing here for
[12:06] now this internal cell side level was taken we have an bought back up here work our way to buy side but I I would want to see us
[12:19] reaction we could really start to get back back up we'll see here though
[13:01] would make the most sense for us to just kind of work our way to buy side
[13:46] just kind of let price action do its thing want to see this get ran through here and you to sell back off cuz I don't
[14:00] want to see us I don't want to see us just take this low and then immediately sides of the range are taken and there's probably going to be no trade after that rebalance lower or at least just build some more structure here and give us a
[14:13] don't want to see it go quick I want to see us continue to build here
[15:00] see us start to see some more downside here
[15:44] so depending on how this candle closes as the really really small time frames just kind of watching PA there's no reason but came back up took this internal High display pulled back to this in
[16:00] internal low now still just letting price do its now still just letting price do its thing what to do it's going to be tell me what to
[17:08] would you say you need the seconds chart no you don't need the seconds recommend trading on the second chart because if you don't have
[17:20] like a lot of people you're just going to be mostly time to zoomed in if you in you're going to think that something matters when in reality it doesn't and you're going to just make dumb decisions based off of
[17:47] we're looking pretty nice here I want to see it start to sell early to decide but I like that rebalance we want decide but I like that rebalance we want to start to see us sell back
[18:04] since we just took this internal low and we're still in this imbalance I'd like to see it though because it gives us more room to the upside what I want you guys to watch here though is this big wick watch where
[18:18] here though is this big wick watch where price Wick here watch see if price comes down and respects this if it does and we could expect this low here to be taken and then reverse back to these generated
[18:43] here and then come back to take those highs if this if this gets
[20:01] there you go CE holds perfectly notice I said look where we're going to reject or hold I'm going to take a small little long position here with a tight
[20:16] risk up into this high or up into these highs here
[20:36] really really good risk on this again not too not too big of a trade honestly um would want to see us get bought back up here and go take uh these internal up here and go take uh these internal HIDs that we generated
[21:10] so it looks like we just took that I want to see it continue take taking three off right there just because we to we did have an smt now so
[21:32] probably get I'm going to put my stop at break even on the rest I want to see us break even on the rest I want to see us just punch through
[21:51] through this this fair value got past to hold we do have an smt at these highs hold we do have an smt at these highs though es did to did take this
[22:26] uh there's no risk here it I'd either get stopped at break even or the rest of my contracts go but I took off the three or I took off smt it was just kind of unfortunate that we didn't get that that final push to
[22:39] be stopped at break even here again I'm fine with that good risk watching see what happens now this that's honestly what I would expect to see just how bullish we are right now um
[22:53] I really like this model I probably just got stop hunted there um yeah we should we should honestly continue to the upside here
[23:13] um but just kind of letting price do its thing here we'll see looks really good though really really
[23:30] one minute still not doing much but again notice exactly where we ended up encroachment got respected displac him back up the only reason why we did not
[23:42] take this high is because we had an smt and that's why when I noticed es came back up took the this high right here there was a Divergence in price we because I it would expect the draw to be here we could still displace because the
[23:55] bigger time frame hasn't really given us that structure yet um so now I would that structure yet um so now I would kind of just watch
[24:26] to this buy side we should go right now if not we're going to sell cuz this would be the soup so if we're going to go bullish we'll go no lower than this candle right here and we're going to go straight up to this high if we are
[24:39] bearish though we'll fall through but if if we're bullish we will go right now if not then again right now it's still not clear on the bigger time frame still not clear on the bigger time frame too that's why I've been zoomed
[24:55] in let me draw this smtn to make it more clear too this is why I take that off I would still want to C us though the reason why I'm not super scared or not scared but like taking in this smt like fully is because
[25:10] I don't think it's in favor um it it isn't it is in favor in the sense that I it's not in the sense that we already took this internal low and I would want to start to see us get bought back up so keep that in mind too again that became
[25:23] turtle soup to me I think this looks really really bullish
[25:50] we should get bought up to go to these highs I would expect us to
[26:10] minutes still really have nothing on it right now so that five minute fair value that opened up from that initial move though opened up from that initial move though did get tapped into on that that Wick
[26:27] here though oh really really bad fill really really bad fill I'm going to put my stop here I want to see us just get bought up to these highs
[27:05] go once I saw that for Value i' get respected we should be good
[27:17] straight up to that high if we're bullish so once we got displacement this become the internal turtle soup here initial rebalance of this for Val got this low that gets created we rebalance price we
[27:31] I know that we're probably just going to go straight up to that high so entered long took it nice I got a really kind of nasty fill on that though if I was going like on that rebalance instead of weight cuz I kind of got a weird fill on that
[27:50] need like if if you're going to trade f1c I would probably just step away right now I mean it hasn't even been pow pow hasn't even really spoke yet so but that's really all you
[28:15] on the 5-second chart is price is completely fractal now do I recommend to trade on the 5-second chart if you're new absolutely not do not trade on the 5sec do not trade on a second's chart the the
[28:28] reason I'm trading on a seconds chart is because FC the first 15 minutes is likely just going to chop here if we zoom out to the 1 minute there is literally nothing here that I can look to take an entry off of there's nothing
[28:40] but price is completely fractal so if I zoom into a lower time frame this chop becomes clear of what the actual model is going on this is a clear model of what's Happening Here exactly what I told you if you go back in this live
[28:52] stream I've called exactly what has happened Market rebalances I said where going to respect here everybody's like oh we're probably going to sell off no consequent enro consequent encroachment will get respected we take this low we
[29:04] encroachment we get bought up what do we do at this High we're continuing to generate buy side liquidity because we do not take this internal High smt forms what do we do rebalance price to the bigger time frame order block internal
[29:16] there's no reason for price to go lower displacement back up rebounds to the fair value Gap this becomes its own model in itself right when you zoom in the same thing on every time frame zoomed in zoomed in zoomed in so this is
[29:28] now where do you think we're going on a bigger time frame if you zoom out what does this become this becomes Market maker buy model this now becomes a a because we have now swept this internal low and what do I expect to see I expect
[29:42] generated buy side liquidity we've been continuing to form this entire morning continuing to form this entire morning or the entire day
[30:24] trade what's in front of me I don't look at my p&l till the day is like over matter your p&l doesn't mean [ __ ] you trade what you see and you have good risk and you [ __ ] don't care when when a number is in your head
[30:40] what how much is he up right now why do you [ __ ] just told you what the market is going to do two times in a row and applied
[30:52] good risk had confidence with it didn't hesitate that's what you should care hesitate that's what you should care about not how much money I made
[31:05] in like five minutes if I wanted to but I would break my rules over leverage [ __ ] take a dumb setup but you know oh 20k that's why 90% 95% of the people that you see on social media oh my God I made all my God this much money and all
[31:19] you [ __ ] PE you guys are so dumb to believe this [ __ ] so [ __ ] stupid to actually know what the [ __ ] they're talking about how how do you think that like I don't think you guys realize 95% of the
[31:33] trading space is [ __ ] monkeys literal monkeys that don't know ex what the [ __ ] they're doing and you guys you guys feed into that
[31:54] here n q retrace back to this for Val Gap it to you the trend higher
[32:30] emotional all right bro [ __ ] off go somewhere else then
[33:19] one minute for Val proportion block here again now that we got displacement a rebalance and then continue higher what time is it right now 11:22 so we kind of want kind of want to wait to see what pal does
[33:33] what pal does but we'll see if we rebalance or nice though really really nice
[34:11] on p&l help you with your emotions and trade better of course if you're focused the market you're going to trade your p&l that's the
[34:26] this week what instrument are you currently trading I'm trading NASDAQ
[34:45] futures do you have a Discord yes I have a private every day 60 videos literally of every single thing that I know like when you see me read price like this on live with you guys
[34:59] it is basically transferred into [ __ ] 6 60 videos like 25 30 hours of content of pretty much every single thing that I possibly
[35:27] not following your proven Edge for the first year or so bro of course dude of course every problem that you guys go through I've gone through like I used to I used to I I had the problem where I would sit in front of my desk and trade
[35:41] and if I was read on the day I would not stop trading until I was either back green or my account was [ __ ] gone like it was bad that's how I used to be like I had zero discipline zero PTI nothing if I was down and I took one
[35:55] loss I would literally keep Trading until my account was literally gone or I until my account was literally gone or I was backg trade it's not you're basically just [ __ ] I don't even know what it
[36:15] business you stop caring about making money and you just learn to trade to
[36:27] with actually doing something good in the right
[36:45] taxes I couldn't even tell I I pay somebody to do that [ __ ] for me
[37:12] mentorship it should be a Linked In the description it'll take you to video talking more about it and uh learning from me but again it it's one of those things where I I if you are not a good fit we will not [ __ ] take you so uh
[37:28] oh [ __ ] our goal is basically for people to come on and for me to completely rewire your brain because the the problem was is the Tactical Traders Discord and the reason I created this other community is
[37:43] because people would is I I I completely felt like I was doing a disservice I was doing a disservice to people because all I would we would do charting sessions we would live trade but there was people that would come in and just watch me
[37:58] live trade and just simply you know take alerts and then end up you know not growing or if you're taking alerts it doesn't matter how good the trader is because you have no actual conviction with what you're doing you have no risk
[38:11] that's comparative to whatever you're doing so it makes zero sense whatsoever so the reason I made a private this other group is because I get the opportunity to number one give you the education in the other community there
[38:25] in terms of live sessions but no actual pre-recorded videos this is I spent three months on these videos of everything that I know that I think is important and what helped me come out of a hole cuz I used to be every problem
[38:39] that you guys have had I have had and I've gone through and I've fixed those your brain your goal and my goal when people come into the program is my goal is to completely strip your brain of whatever you think trading is and
[38:54] rebuild it back up because most of the time you you have it completely wrong you are in a loop you are just absolutely [ __ ] lost because of the on social media of what you think trading might be for for [ __ ] the 95%
[39:08] what the [ __ ] they're doing um and and hold your hand along the way and help you and figure out your problem personal problems some people you know struggle with you know discipline other
[39:22] confident Edge it depends on who you are and our goal is to figure out what your with it and and also the accountability of it and having a community that keeps each other
[39:40] low I think we probably formed an smt if if we're running right now we probably if we're running right now we probably formed an smt um but again bias exactly should have been on my my sign
[40:21] my macbook's low battery hold up let me get the charger
[40:57] a gorgeous model this is this is dumb clear when we say dumb clear this is what we want to see if you can't read this then take a screenshot and go back and and and and and understand why this is dumb
[41:10] is dumb clear literally exactly what I told you guys was the bias today exactly what I expected to see in price is playing out now in fact I would still want to see us come down and soup this load now we
[41:24] probably won't cuz we already have an smt there but there'll probably be no other entry before this High gets taken but we'll see again I'm good on the day already I'm up 3,000 so I really don't need to
[41:37] touch it but we'll see uh if anything else arises but once this High gets taken there's done listen to me right now done listen to me right now listen once this High gets taken step
[41:51] away once this High gets taken I'm ending the stream and I'm not trading taken what happens when the objective of there's no draw liquidity and which means there's no reason for price to
[42:04] move so what is the market going to do generate liquidity rebalance build more structure because there's no reason for price to move right now we're hunting go take this high right here once this high is taken there's no reason for
[42:16] price to move we've done the job the objective is taken you step away you [ __ ] go outside you touch grass you do something
[42:53] no way this is going to be the soup watch this no way wait I'm oh this is this plays out see this low right here Watch What Happens I'm curious to see if this plays out watch Powell comes on what does
[43:07] out watch Powell comes on what does Powell do watch this low right here we come back down we sweep this internal low we stop down we sweep this internal low we stop out all of the traders that were
[43:25] rebalances this Fair Val Gap watch what happens we'll see if this gets displaced or not but since that high was not taken this should be the turtle soup we should sweep this and then immediately rebalance higher and go back to buy
[43:41] so this is actually kind of nice here but we'll see
[44:07] my last trade last trade no matter the [Music]
[44:19] stopped out right there we're done profits I still think this is going to be the soup though I still think we actually run this we should run
[44:32] this we should run this but that's so
[44:45] going to run up I really want to take along right now I think I might give this one more try I think it looks nice this one minute looks way too good
[45:39] manipulation if we come back down and like sweep this like sweep this then I want to see what happens
[46:06] buddy I'm good I think I'm going do me
[46:31] do think the draw liquidity is higher and I think we're we're going to pump to and I think we're we're going to pump to the
[46:43] this would be the low if we do want to go higher it would be this right here if go higher it would be this right here if not we're we'll sell off
[46:59] could start to see some rebalance but we are back to OT of this range as well
[47:13] for for short it's oh my God my
[47:29] small I gave back 500 on that trade um one thing I want you guys to recognize to though is when I win versus when I lose the sizing
[47:50] difference what about the high we took the internal High this is manipulation of the downside I I'm I still think we're going to go pump
[48:02] all the way back to these highs there's no reason for price I'm telling you we're holding this imbalance still too as
[48:22] bullish we're going to pump to the upside
[49:00] it's just because you don't know what the draw on liquidity is news has not the market Will the Market will continue to push to the already existing the [ __ ] news is you ever wonder why you you look at the market and you get
[49:14] the most bearish news possible but the market still pumps or you get the most bullish news possible and the market still dumps you want to know why cuz which it funnels volatility into the marketplace and the market market and
[49:26] existing drawn liquidity that does not [ __ ] matter what the news is
[50:40] didn't take buy side and the Market's going to draw towards buy side this becomes manipulation oh my God Powell's going to dump the market ah what do you think happens here manipulation till then where continue
[50:53] manipulation till then where continue towards the external draw look how [ __ ] gorgeous this looks everybody's faked out right
[51:20] come down take these lows come down take these lows stop out more Traders for me stop out more Traders come down come down and take Traders come down come down and take these
[51:48] at the highs though keep that in mind we do have an smt here now again smt most likely will get ran once this gets ran through I'm expecting rebound take these take these internal lows and then continue back towards the highs
[52:01] have an smt here smt at the highs NQ takes this we are bearish we rebalance liquidity is higher there's no reason for us to run through this so we'll take these lows and then continue higher most most likely
[52:50] didn't come on don't go yet come down and take these and I want to see us come down and rebalance to
[53:26] it what would be my risk here if I was going to slap
[53:47] turtle soup video coming out later this week
[54:11] lows watch what happens when we take these lows what do you think's going to happen oh es already took them so now we have an smt
[54:28] is this going to hold or are we going to go take him all right last
[55:04] accept your risk enter the trade let the market do its thing if you get stopped market do its thing if you get stopped out you get stopped
[55:29] there and I'm done for the day all right guys gave back little 1K there so I'm up 2K done for the day enjoy your morning
[55:41] or not the morning enjoy your afternoon oh that was a manipulation when price action starts to get like this like wacky back and forth do not overtrade step away do not burn yourself know when to step away if I
[55:55] come in right I took took four trades right I took two winners two losses I right I took two winners two losses I was up 3K gave back 1K up 2K step away a lot of the times you so many people I used to have the problem with this where
[56:07] you'd give back cash and you wouldn't want to step away if you're down whatever that is so step away learn from your mistakes go Journal go take 15 15 understood what you did right what you did wrong uh and yeah so hopefully you
[56:25] guys enjoyed this live session with this live session with fomc solid day up around 2K enjoy the coming out later this week if you guys did enjoy again make sure to subscribe
[56:38] like comment do all that kind of stuff support again if you want to learn more you need someone to be accountable for you if you need to understand what your disciplined if you don't know what you're looking for link is in the
[56:50] description you can learn more about a program and uh getting you on track to becoming a profitable Trader so enjoy the rest of your day guys and I will see the rest of your day guys and I will see you guys in the next one peace out guys
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