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March 20, 2024March 21, 2024

My Jerome Powell Indicator works

 Months ago following a Fed update (might have been after Jackson Hole from memory) I sarcastically wrote we could almost use Powell’s speeches as a new indicator we could trade with.  Paid me off today with my long ‘M’ Aussie $$. Normally I’d sit out F.O.M.C. days but I could just see the reaction coming so jumped long the Aussie.  Grins all around even tho’ Trading View doesn’t carry the Jerome Powell indicator in their library of favorites.  

 

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