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- JPow Day is Upon us, Let us Rejoice, Let us Print Money!
JPow Day is Upon us, Let us Rejoice, Let us Print Money!
We hope your mental blade is sharpened and you’re ready to go because this is the moment you've been training for.
Everything leading up to this moment in your 0DTE trading existence has been preparation and training for this JPow FOMC day, the last of the year.
Inflation is going down but maybe not fast enough.
Pre-market action has the QQQ at all-time highs.
The market is telling JPow, “you’re fk’ing done bro there’s no more hikes, it’s pause pause pause before rate cuts in 2024. congrats on the soft landing and killing every bear in existence.”
Does JPow bend the knee?
Or does he show the world once again that he who controls US monetary policy is truly the most powerful being in existence?
The Komodo Dragon of the lizard world.
We have no idea.
But we know there will be blood on both sides.
We hope your mental blade is sharpened and you’re ready to go because there will be volatility.
Let’s try and print some got damm money fellas.
How to Crush a JPow Event Day
If one wants to crush the present we must look to the past as guidance.
The creator of the fig neutron once said,
For every action there is an equal and opposite reaction
He may as well have been discussing a JPow day.
Trading before the event begins is not recommended (we’ll still do it).
Typically we see extremely low volume because everyone is waiting on the event.
Low volume means mean reversion but keep the mind open for anything to happen.
The event has two key components:
14:00 - Statement Drop
The algos go wild and furus start tweeting stupid shit.
Here is where we’ll see the first move and then a swing.
Basic strategy: Quick in and quick out, 2-strikes possible.
Black swan: The market is counting on a pause. If JPow raises rates, it will shockwave Jimmy Neutron bomb the market and you can throw all basic strategy out, just follow the action.
14:30 - JPow Press Conference
Typically there’s a few lines in the statement changed from the previous release.
At some point during the press conference the lizards will reverse the swing. It will be brutal.
This is the real move.
This is the one to follow where it’s possible to catch 3 or 4 strikes.
3-4 strike move = 200% - 500% depending if you buy ITM, ATM or deep OTM options.
Basic strategy: Up or down, follow the action after it reverses. Don’t overthink it.
Black swan: If we get a raise, there may not be a reversal. We would probably go down 2.5% on SPY and QQQ (10-strike move). We doubt it happens, but it would be an insane day for the portfolio if so.
Core strategy:
MOVE - SWING - MOVE
There’s a move, there’s a swing and then there’s the real move with SPY or QQQ closing lower or higher for the day.
Follow the final move all the way to tendie heaven.
Let’s look back at previous days so you can start to see what the setup may look like.
FOMC + JPow Nov 1 - DELAYED MOVE SWING MOVE BABY
This one was a bit weird because at 14:00 when the FOMC statement dropped we really didn’t get any action.
The first move happens at 14:16 - 14:35 on SPY moving up +2.41 in 19m.
The lizards knew what would happen because they always know and setup perfectly with a 1234 BULL BOMB coming in 1m before the move at 14:15.
BIG BULL crushes little bears.
perfect setup… a real money printer
Waiting for alerts here paid off big.
Remember…
Move - Swing - Move
At 14:35 once the press conference starts and JPow gets on the microphone we retrace the entire first move in just 9 minutes.
This is the lizards are their absolute best.
20 minutes of steady upward price action reversed in half the time.
Retail gets killed.
Then at 14:49 - the MOVE starts again. This is the real thing. Over 45 minutes we go straight up for a 4-strikes to the top.
Sometimes we see alerts happen here sometimes we don’t.
You can trade alerts, you can trade florbs or you can yolo and full send it and be the force the sparks the rally.
JPOW FOMC SEPTEMBER 20, 2023
Move, Swing, Move.
Trust nothing except what would bring maximum pain.
Remember when we said not to trade until the event begins?
This is why we said it.
9/20/23 was when the RIGD AI beta first launched. We’re pretty sure a ton of traders took the lottos here. They all got crushed. We got crushed with them. Remember lottos are high risk, high return, your risk going into a lotto alert should be 100%.
You can just wait for the event.
MOVE - SWING - MOVE
You can see it’s practically identical to November except instead of up, we go down.
14:00 - FOMC drops and we get a 2-strike move down.
14:01 - BULL SWING and we go back up two strikes
14:30 - JPow gets on the mic
14:33 - BEAR BOMB and you get a full 5-strikes down
Note the best return and least stressful trade is the MOVE2. SPY closes at a low and we get +482.05%.
That’s what we want.
You can trade the first fast, trade the swing faster, but we really want to catch whatever happens next with size and fury.
THIS PHENOMENA IS COMMON FOR ALL JPOW SPEECHES NOT JUST FOMC
Some people dream about Sydney Sweeney.
Our fantasies involve seeing climate protestors glued to something stupid and being able to punch them in the face repeatedly and them unable to defend themselves because they are glued to something.
His 10/19/23 speech was delayed because there were climate dorks screaming about something at the conference.
JPow was having none of that shit. He’s based.
Anyway here is 10/19/23 on the QQQ…
Starting to see the pattern?
JPow Summary:
There will be insane volatility. There will be blood.
The typical pattern we see is MOVE - SWING - MOVE where the third move is a continuation of the first.
The third move can be 4-5 or more strikes.
If this happens again today, the most profitable alerts will be catching the third move.
🚨 WARNING: this is just a guideline based off of previous events. There’s a chance it will happen today, there’s a chance it won’t happen today. We have no idea.
The reason we like to look at the past is if we get a similar setup and it plays out the same way, we will make a lot of money.
There are also times where we get a similar setup and it does not work.
This would of course suck, but it’s always something we keep in mind. No matter how perfect the setup looks, we always want to be aware that the market can change at any moment and every single trade has the opportunity to explode in our face.
Always lose small. Sometimes win big.
Let’s hope we get what we want.
Let’s fear it goes against us.
Stay strong stay based and keep it incredibly frosty.
-
($200/mo with the possibility to change your financial future positively or completely ruin your life).
Disclaimer: We are low iq. This is not financial advice. It’s more like a poor man’s version of satire mixed with a bit of jet fuel and a dose of mental illness. 0DTE options are extremely risky and you will lose 100% of your trading capital if you sign up for RIGD.
Yes, we are guaranteeing you will lose everything and blowup your account and be homeless on the streets. Do not sign up.
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