Market will remain choppy unti

2022-04-29

Market will remain choppy until FOMC. Since market already 'price in' 50 bp rate hike, I reckon it will likely turn bullish since indexes are already near/ at support level (possibly double bottom). Besides price action, we are also seeing oversold in technical indicators together with VIX crossing 30 recently. These are positive confluence however it is just probability. There's nothing to stop FED from churning out surprises.

As traders, I will avoid over trading and keep my SL tight.

As investors, I will ignore 'these noises' and add positions at the price I want.

Nothing has changed in my game plan. I like to keep it simple, think logically and will not be influenced by market noises.

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Comments

NeedMoneyPls
2022-04-29
NeedMoneyPls
sometimes the best trade is not placing a trade at all
- RDPD富爸穷爸:
  It depends on your objective.
Innovator
2022-04-29
Innovator
Consistent is key!
- RDPD富爸穷爸:
  Of course
chaicka
2022-04-29
chaicka
Discipline will be greatly challenged during very volatile periods when markets are full of noises. It’s also an opportunity to build up and strengthen our mental well-being to weather future storms.
JohnMitchell
2022-04-29
JohnMitchell
yep, we really need to stick to our own plan and discipline.
Joedi
2022-04-29
Joedi
Agree with “ignore 'these noises' and add positions at the price I want.”.
Good sharing.
WendyDelia
2022-04-29
WendyDelia
Ignore the noise or stay away from the market now haha

Leave a comment

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These are&nbsp;positive confluence however it is just probability. There's nothing to stop FED from churning out surprises.As traders, I will avoid over trading and keep my SL tight.&nbsp;As investors, I will ignore 'these noises' and add positions at the price I want.Nothing has changed in my game plan. I like to keep it simple, think logically and will not be influenced by market noises.</body></html>","htmlText":"<html><head></head><body>Market will remain choppy until FOMC. Since market already 'price in' 50 bp rate hike, I reckon it will likely turn bullish since indexes&nbsp;are already near/&nbsp;at support level (possibly&nbsp;double bottom). Besides price action, we are also seeing oversold in technical indicators together with VIX crossing 30 recently. These are&nbsp;positive confluence however it is just probability. There's nothing to stop FED from churning out surprises.As traders, I will avoid over trading and keep my SL tight.&nbsp;As investors, I will ignore 'these noises' and add positions at the price I want.Nothing has changed in my game plan. I like to keep it simple, think logically and will not be influenced by market noises.</body></html>","text":"Market will remain choppy until FOMC. Since market already 'price in' 50 bp rate hike, I reckon it will likely turn bullish since indexes are already near/ at support level (possibly double bottom). Besides price action, we are also seeing oversold in technical indicators together with VIX crossing 30 recently. These are positive confluence however it is just probability. There's nothing to stop FED from churning out surprises. As traders, I will avoid over trading and keep my SL tight. As investors, I will ignore 'these noises' and add positions at the price I want. Nothing has changed in my game plan. I like to keep it simple, think logically and will not be influenced by market 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trade at all","likeSize":4,"commentSize":1,"subComments":[{"id":101501927,"commentId":"101501927","gmtCreate":1651235273541,"gmtModify":1663248136560,"authorId":3563664364598207,"author":{"id":3563664364598207,"idStr":"3563664364598207","authorId":3563664364598207,"name":"RDPD富爸穷爸","avatar":"https://static.tigerbbs.com/ccb78267f6fdc8fcff96e8963a385af9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9069048336,"objectIdStr":"9069048336","type":1,"supId":101501421,"supIdStr":"101501421","prevId":0,"prevIdStr":"0","content":"It depends on your objective.","text":"It depends on your objective.","html":"It depends on your 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","text":"Agree with “ignore 'these noises' and add positions at the price I want.”. \n Good sharing. ","html":"Agree with “ignore 'these noises' and add positions at the price I want.”. \n Good sharing. ","likeSize":2,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101497773,"commentId":"101497773","gmtCreate":1651211805812,"gmtModify":1663248122239,"authorId":9000000000000350,"author":{"id":9000000000000350,"idStr":"9000000000000350","authorId":9000000000000350,"name":"WendyDelia","avatar":"https://static.tigerbbs.com/36f25b4af7998a90a0205e568a910bb3","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9069048336,"objectIdStr":"9069048336","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Ignore the noise or stay away from the market now haha","text":"Ignore the noise or stay away from the market now haha","html":"Ignore the noise or stay away from the market now haha","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9069048336"}