Wednesday, October 30, 2013

FOMC Wednesday

Pretty uneventful last 2 days, and thus my trading results were uneventful as well.

Monday - 1 trade - long 135 '05 - held it all day and exited EOD for a 2 tick loss.
Tuesday - 2 trades -
    short 135 '03 - stopped out at 135 '06 for -3 ticks.
    long 135 '06 and exited EOD at 135 '10 for 4 ticks.

So after a nothing Monday and Tuesday, was hoping for some action today, since its the FOMC day.

Trend was down when I woke up.
first trade was shorting 135 '13 - stopped out at 135 '20.
Second trade was long 135 '20 - held this into the FOMC announcement. Stopped out at 135 '08 and
Third trade was to short 135 '08 - I stopped out with 2X contracts so I was short. Covered EOD for +16 ticks.

There was a downside break, but not as much as I was expecting ofcourse, but I take what the market gives me and move on.


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