Bar by Bar Trading Analysis - 1/2/2023 - Range to Uptrend - FOMC Day!

Bar by Bar Trading Analysis - Where are the trades???

Hey traders! Have fun watching the bar-by-bar for today's trading day.
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All information is given for educational purposes and is not intended to be treated as financial, investment, tax, or other advice. TPT does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.

[cryptocpa]

7:20 Even though you are in a range here, your DT had a break making one leg of correction, it then made one attempt at a NL in the fashion of 2 legs. Your break also forms an UT with a 2 legged correction as the DT tries once to make a NL. On the HL there are definitely people getting trapped short here thinking F2EL. The HL gives you confirmation that prices want to go higher as UT wants to make NH and DT wants to make second leg of correction.

[thugpisty]

Hey Taylor, love the way that you mark setups. Most people on YouTube mark questionable setups, the way you play it its nice . And going for more than 4 tick and keeping the ratios up from 1:1 to 1:2 it’s awesome. There are people who wonder why other traders mark a lot of setups, but as we trade in real time the don’t look good or they don’t fit our rules. My opinion is that the trader that goes for 1:1 or more has to be aware of the context and needs to look for bigger moves, they can’t go in on every tiny move that makes a 4 or 6 tick scalp. And at the end of the day they get frustrated ( sometimes myself ) that there weren’t so many of those. Anyway, i love it when you do the bar by bar bro ! 🎉

[tradingtime]

Taylor i could barely hear you and my volume is all the way up. Do you mind putting your volume higher when you upload plz ? TY!!!

[ronn]

Hardly any setups. On days like this. Just trade small and find any reason to get long. Just don't be short. The trend is so strong, second entry longs are hard to find. There are more F2ES than 2EL due to counter trend traders trying to pick tops and getting trapped

[guysmiley]

Great stuff Taylor i really enjoy your analysis

[dztrader]

hi Taylor, thank you for the video.

those last few trading days have produced great failures