The Fed Minutes Were Just Released — And This is How You Could Have Profited Off Them

Plus, one mistake you must avoid if you’re going to be a day-trader You are receiving this e-mail at {EMAIL}, as part of your subscription to This Is VWAP. To remove your email from this list: [unsubscribe here]( [This is VWAP Header]( [ARCHIVES]( TO VWAP?]( LIVE]( [Youtube]( [Twitter]( [Instagram]( [Discord]( [Tiktok]( [News from Kenny Glick] [Biden’s 30X30 Wealth Grab]( Three of the richest men in America have teamed up with the President on a little-known bill called 30X30… a bill that is actively swindling you and the rest of America out of millions. On February 22, Shah Gilani is putting an end to this rig. [Be there.]( The Fed Minutes Were Just Released — And This is How You Could Have Profited Off Them Wednesday, February 22, 2023 Today we had a pretty easy trade on the markets. The Q’s shot up to $295.75, tested the multi-day VWAP, and then sold off just before 10:00 am breaking VWAP to the downside. Following that break, it eventually made a turnaround later in the day and could have been played to the long side as you can see in the chart below… But at 1:30 pm, I sold all of my positions and went completely into cash. Did I see something in the chart I didn’t like? Was there something the VWAP was telling me? Was I going to play pickleball and needed to cash out on profits? No. None of that. In fact, the reason I exited all of my positions was because of the Fed minutes that were to be released at 2:00 pm. And like any Fed event, this one was bound to make the markets react violently to the news — no matter what that news was going to be. I treat Fed events like an earnings report. We wait for the first candle to hit, we let the markets cool off just a little bit and then we strike. Just like an earnings report, you never want to trade the first candle. That only creates a range for you to eye. So this is how we played it today… HOW TO TRADE A FED EVENT The first thing I must stress again is we had no positions going into this. And the second crucial thing we did is we waited and didn’t react to the first candle. It only took waiting a minute or two for the market to make its mind up. We allowed the price of the Qs to get back to VWAP, saw that it wasn’t breaking but bouncing off the VWAP line, and were bullish and in at $294.50. Then, if you sold into the move up and got out as it was rolling back over, you could have made a quick trade. The entry and exit points can be seen in the graph below… The first thing I must stress again is we had no positions going into this. And the second crucial thing we did is we waited and didn’t react to the first candle. It only took waiting a minute or two for the market to make its mind up. We allowed the price of the Qs to get back to VWAP, saw that it wasn’t breaking but bouncing off the VWAP line, and were bullish and in at $294.50. Then, if you sold into the move up and got out as it was rolling back over, you could have made a quick trade. The entry and exit points can be seen in the graph below… I didn’t trade the first candle. I let the VWAP tell me what to do. And then I pounced and hundreds of other people watching followed my lead. I saw a person in chat say that “the first move is often times the right one”. Well, I’ll be honest. I’ve been in this business for 30 years and I can tell you that the first move is not the “right” one. It’s always a knee-jerk reaction with no bearing on what actually was released. Do you honestly think that within ten seconds of the minutes being released that traders understood the whole release with all the details? [The Fed Minutes is a 13-page paper that is thick with detail, very verbose, and very technical.]( And you actually have to read it. They don’t have any pretty graphs or pictures. This is the Fed we’re talking about. The best you’ll get out of them is bullet points on page 12. If you were holding stock or options going into this event, you would have been chopped up. While this wasn’t the most violent reaction I’ve ever seen, the market still had a three-point swing back and forth in just 15 minutes. Don’t be a bag holder in this market. Trade on price, and what you see. And always remember, if the Fed is having an event, or big economic data is dropping, get the heck out of your positions. If you were caught off guard by this event, I suggest adding an econ calendar of some kind to your bookmarks. [I particularly like this one from FXStreet.]( They mark what events will have a higher impact on the markets, so you know every day which events you may need to pay attention to. That’s all for now. I’ll see you tomorrow morning! Kenny Glick [Getting Started with Basics] [VWAP Dashboard 101]( Knowledge is power! Get a jump on the basics or a refresher to refine your trading chops with our comprensive look at the pillars of the VWAP trading strategy. - [What is VWAP]( - [Multiday VWAP]( - [Earnings]( - [Shorting]( - [Chart Setups](   [Ad]( You are receiving this e-mail at {EMAIL}, as part of your subscription to This Is VWAP. To remove your email from this list: [unsubscribe here](. Please do not reply to this email as this address is not monitored. To cancel, or for any other questions or requests, please contact our Customer Service team: Online: [Customer Service Form]( Phone: 888-384-8339 (North America) 443-353-4519 (International) Mail: This Is VWAP | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201 Fax: 410-622-3050 Our Customer Service team is available Monday - Friday between 9:00 AM and 5:00 PM ET. © 2023 Money Map Press. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Map Press. 1125 N Charles Street, Baltimore, MD 21201. [Website]( | [Privacy Policy]( | [Terms & Conditions](