The 2:10-2:15 bar looked like a pile driver - ker-CHUNK, ker-CHUNK. Price seemed to move in 10-tick increments.
That's very wise. Trading during major econ news when you have no idea what to expect is a quick way to lose money.
Thanks NoDoji Earlier my mind was very unstable cuz of that loss. After I wrote my post I felt very relaxed, later I saw 1 new door open I made +200. I wish all the doors of happiness remain open and none closes
Yay Koolaide for everyone! I'm going to be a billionaire even though that will mean I can only pick up some milk and a loaf of bread been sitting on hands since my two BE trades this early morning, currently short NQ at 2156 BE stop, see where it takes me into the close. Hope no one got too hurt if they decided to do a little gambling during the big news.
Great Job, OW, that is the test of mental toughness, not only staying in there, but trading disciplined at that point isn't easy. After my slippage incident earlier, I decided to wait a while for FOMC to settle in. Even 15 minutes later, it was still pretty fast.
Trichet will be giving his post-interest-rate-announcement speech and Q&A starting at the equities open. Good luck/skill everybody
I've been sim-buying 10-20 scalps the last hour... Maybe I should go back to scalping What's your take?