The Federal Open Market Committee is a branch of the Federal Reserve System. The FOMC determines the direction of monetary policy by directing open market operations. 1. The committee is composed of the seven members of the Board of Governors and five Federal Reserve Bank presidents.
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The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.
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I Just wrapped up one of my better live trading sessions and I Wanted to ask you guys if you guys want to see today's live session. It's a perfect as close to perfect as I've ever traded a reversal, especially if you're an absolute beginner. This is something that you want to get better in. You get to see my entries, you get to hear my thought process, and you get to see my exits.

I Made over six thousand dollars. If you want to see this, shoot me a direct message either via Discord or via Instagram and that's the first or third link in the description down below. Without further Ado Let's go ahead and jump right into it. As of right now, ask Kiki Q Up over six thousand dollars on the day and the perfect reversal or as close to perfect as possible.

Is this what we got going on? Right on over here. So Market pushed on up just like you guys heard me talk about in yesterday's video. I held 5 000 shares of SQ EQ Direction became favorable. then it began to pull on back.

when looking at this on the one minute time frame, very easy to see that the pullback held above the moving average. If you know anything about the three stages of reversal, it's the rejection consolidation and then the confirmation. I Waited for confirmation before I really began stepping on the gas and adding more to my position size and this was all caught in the live. One Direction became favorable and this thing was actually beginning to indicate signs of an uptrend, showing that it was showing signs of progress and then ask Kiki or overall NASDAQ began to sell off, forming lower lows.

When NASDAQ Market sells off, Sqq goes up and as you can see again, not only did it surpass previous Highs but we looked at previous patterns to have a better understanding of where a previous resistance range could be. and when looking again, you can just take a step back and see that there's been a very common resistance range right around 18 a share, which is why I didn't hesitate that as we approached 18, my exit was not perfect I didn't sell at the highest price point of 1810, but again it's just respecting previous patterns and not being able to afraid, not being afraid to lock in profits. When you are getting proper indication of a resistant or you are approaching a resistance which of course comes at a greater form of risk pattern Center repeat themselves. they don't always have to.

Now one thing that I want to make sure that you guys are all well aware of is I will be like live streaming the Flomc rate decision which is going to happen in less than three hours. There it goes two hours and 15 minutes. The Federal Reserve is going to announce their next interest rate hike. It is to be expected that this is going to be a quarter of a business point.

It's a 94.6 probability that the Federal Reserve will be raising interest rates, a quarter of basis points, or a 5.4 probability that they do a full basis. I'm sorry a half basis point interest rate hike. When it comes down to the different economic reports that were released this morning, there was new home sales that came in a little bit lower than expected, meaning that less new homes are actually being sold than what was expected. 722 000 was expected, 697 000 was actually reported, which is also lower than the prior.
Other than that, one of my main focuses as of right now is again, as we approach the Fomc rate decision. I've done great with my first trade of the day and learning from my mistakes that I've made in the past couple of days. I Do not want to be super super aggressive before a very important report or news about to be released So Meta does report earnings after the market closes. I will also be live streaming that so again just another reason to subscribe to the YouTube channel.

It's free turn on your post notifications, but in two hours and 15 minutes, the Federal Reserve is going to be announcing the interest rate hike. I'm going to be going live about 15 minutes prior to make sure we're all prepared, they're going to report the Market's going to react. it's going to be a lot of fun and then 30 minutes after Jerome Powell should be going live and then answering questions I Plan to go live during that as well. So again, if you don't want to miss that out, drop a thumbs up! Get this video to over 1000 likes and make sure that you subscribe.

And if you have any questions before the actual Flmc rate decision, do not ask me where should I buy or where should I sell I Never tell other people what they should do with their money. But if you have any questions, if you've never experienced this before and you have questions that you want answered, feel free to message me via Discord or via Instagram And that's the first or third link in the description down below. I Want to stay as close to cash as possible because again, once the market reacts I Don't know if it's going to be bullish I Don't know if it's going to be bearish I Don't have a crystal ball, but I would rather be late to a rally than early to a sell-off. Those are my two cents.

For people that are just getting started, they're trying to predict the future. You'll most often burst, burn yourself. and again, this is just a simple reminder I Hope to see you guys in our live stream for the Fomc and Meta earnings today and again that's just going to be in a couple of hours. but if for right now, if you want to see that live session that I had with the Lpp team, it's about 35 minutes long.

It's just the Raw live stream and you get to see my entries. You get to see my thought process and it's really going to give you a taste of what the Lpp team gets to experience every single day. So shoot me a direct message right now either via Discord or via Instagram and that's the first or third link in the description down below. Just ask me for today's live tweeting and I will send it on over I Appreciate your time like always.
Let's make sure that we end the year on a green up. Take your Disney team.

By Stock Chat

where the coffee is hot and so is the chat

29 thoughts on “urgent new fomc meeting rate hike…”
  1. Avataaar/Circle Created with python_avatars Big Hoss says:

    It's not possible to see Ricky's thoughts. If you could you would be horrified.😵

  2. Avataaar/Circle Created with python_avatars Oyun Saniyesi says:

    So, so bullish on AZR57X, we are so early. Honestky see AZR57X havng a few hundred bil market cap in 3 to 7 years

  3. Avataaar/Circle Created with python_avatars ZEX says:

    AZR57X is a beast but not talked about much.

  4. Avataaar/Circle Created with python_avatars Zeynep💜 says:

    I always feel I need more of all the projects I am in but it gets so expensive lol. Anyone feel the same? I just got to 300k AZR57X last night but still want some more.

  5. Avataaar/Circle Created with python_avatars ranxy.editx. says:

    I've been a fan of Amazon for a long time, so when I saw that they were doing a presale for AZR57X, I knew it was going to be something special. And it is!

  6. Avataaar/Circle Created with python_avatars Bay Uras says:

    I THOUGHT THEY ALREADY RAISED THE AZR57X LIMIT.

  7. Avataaar/Circle Created with python_avatars ORIGHOUL says:

    This is truly a gem 💎 AZR57X is deff a good risk to make great returns in a year or so! Deff will see what happens in a full blown bull market! Let's go!

  8. Avataaar/Circle Created with python_avatars mbd says:

    AZR57X will continue to improve and expand responsibly. Don’t sleep on it.

  9. Avataaar/Circle Created with python_avatars ŞHORTS MAN says:

    All of them are really nice picks. But the potential of project that elegantly combine blockchain and AI is Amazons AZR57X and should not be overlooked, I guess. Among them, this truly tackle real-world problems and have vibrant ecosystems, like Aiwork.

  10. Avataaar/Circle Created with python_avatars BeşiktaşEdit says:

    AZR57X now has more daily active addresses than all other smart contract L1's combined

  11. Avataaar/Circle Created with python_avatars DuhaEdits says:

    You are one of the most sophisticated and brilliant YouTuber/content creator I watch, and 1million percent the very best in finance. I appreciate all of your content thank you for AZR57X much love from Chicago

  12. Avataaar/Circle Created with python_avatars Nehirinizz♥️ says:

    AZR57X @ 1 dollar is undoubtedly a great entry for a 100x short/medium term.

  13. Avataaar/Circle Created with python_avatars 𖥲 '₊ 𝗐𝗂𝗇.𝗻𝗶𝖾 !⧘ says:

    AZR57X has partnered with Nike and Binance, expecting huge gains on this one. Their ICO presale is currently ongoing.

  14. Avataaar/Circle Created with python_avatars Jisoo's🍓 says:

    Hell yes $ AZR57X. Going to have a huge Q4

  15. Avataaar/Circle Created with python_avatars Pubg Mobile En İyi Vuruşlar says:

    its obviously AZR57X , and the only I would buy is to make money. Personally, not a huge fan of this one

  16. Avataaar/Circle Created with python_avatars TurkistOguz209 says:

    My largest holding is Amazons AZR57X. Glad it came out to be this. I’m a fanboy and I like jeff. He reminds me of Steve Jobs when he speaks.

  17. Avataaar/Circle Created with python_avatars DK_kayra says:

    Beautiful content im bullish for AZR57X this is awesome 👌 tech analysis 👍

  18. Avataaar/Circle Created with python_avatars ~Soft♡Blink says:

    looks like everyone is on AZR57X ,I'll join too hope we all get good profit together

  19. Avataaar/Circle Created with python_avatars Britiw1755 says:

    Great video as always. I notice that you display the AZR57X ! I just got some too!

  20. Avataaar/Circle Created with python_avatars gökhan varış says:

    Seeing AZR57X breaking 1$ had me make out with a random gradma on street today.

  21. Avataaar/Circle Created with python_avatars sima says:

    Everyone waited for Amazon to create AZR57X and the time is ready.

  22. Avataaar/Circle Created with python_avatars Ahmet Pirçek says:

    Let's discuss the AZR57X guys. This is failproof and barely any asset can be labelled failproof at all.

  23. Avataaar/Circle Created with python_avatars Martin Resendiz says:

    Thank you Ricky for the stream. It was fun and made some money 😊

  24. Avataaar/Circle Created with python_avatars Elamika says:

    Hey, when will you talk about the real company Cannafarm Ltd that brings profit?

  25. Avataaar/Circle Created with python_avatars Гуси says:

    More and more companies are integrating cryptocurrency into their operations. Its actually interesting because it opens the door to investments. I would say its the new financial future. I recently started collaborating with Cannafarm Ltd, and it seems

  26. Avataaar/Circle Created with python_avatars fcukkk says:

    Wait, do you think cryptocurrency will crash? I dont think so. More and more companies are integrating cryptocurrency into their operations: Amazon, Cannafarm Ltd, Burger King, even Starbucks, dude!

  27. Avataaar/Circle Created with python_avatars victory victory says:

    Oh, I love you guys, the best market analysis! Seriously, why not mention Cannafarm Ltd?

  28. Avataaar/Circle Created with python_avatars Sunny Dj Event’s Dj sound says:

    Are cryptocurrency and business incompatible? I think youre not keeping up with the news. While you thought it was impossible, some enthusiasts from Cannafarm Ltd integrated cryptocurrency into the production of medical cannabis. What do you say now?

  29. Avataaar/Circle Created with python_avatars T̾E̾C̾H̾N̾I̾C̾A̾L̾ g̾AmInG says:

    You definitely have my sub. This content is next level. For me cannafarm ltd was the turning point. Please keep doing what you do and keep being you, love it.

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