USD and FED news

Beginner Questions
1

So now we know there is no tapering. This resulted in the EUR/USD and GBP/USD to just shoot through the roof.

Now its a little over 1 hour since the news and now I am thinking when would it be best to actually look at the charts to see a true pattern as such. With the breaking news and the massive weakening of the USD, is there usually a period of time to wait and see? Could it be hours, or days before entering a trade on what the charts say?

I didnt have any trades leading into the news as I just knew I wouldnt be able to "predict what the Feds would do regardless of what charts were saying.

Also…Looks like the Fed will keep interest rates low for some time.

2

i caught the kiwi trade with just 1 mini lot, then another bump up with the kiwi news looking good for me, waiting in another aud bump for a scalp

3

Nice! I’m in a long NZD/USD trade too. How high do you think it’ll go though?

4

i saw many whose positions were opened even before the fomc, they were expecting taper but turn out not even a slight cut.