FOMC journal

Discussion in 'Journals' started by promagma, Aug 4, 2008.

  1. promagma

    promagma

    Market was flat to up. I lost 80 points on the initial short, and then made some of it back shorting the gap up this morning. I mostly stayed out since the indicator was acting ambiguously.

    Middle day is FOMC day.

    [​IMG]
     
    #11     Oct 30, 2008
  2. promagma

    promagma

    FOMC time!

    The call is SHORT.
     
    #12     Dec 15, 2008
  3. promagma

    promagma

    Complete failure, lost about 200 points.

    [​IMG]

    (middle day is FOMC)
     
    #13     Dec 18, 2008
  4. promagma

    promagma

    I missed the last FOMC day .... but I am here now, ready to make some $$$$ tommorow
     
    #14     Mar 17, 2009
  5. promagma

    promagma

    SHORT
     
    #15     Mar 17, 2009
  6. promagma

    promagma

    Dow is +74 right now, so I am holding short for one more day
     
    #16     Mar 18, 2009
  7. promagma

    promagma

    All that and I made 6 points .... that's how it goes with a one-shot trade on FOMC day :D

    [​IMG]:D
     
    #17     Mar 19, 2009
  8. promagma

    promagma

    Gonna go short at the close

    cha-ching
     
    #18     Apr 28, 2009
  9. promagma

    promagma

    [​IMG]

    -150 points .... Soooo my cumulative profit since starting the journal is near to zero. The shorts haven't been working out. BUT I have tweaked the formula and will carry on. I didn't do anything silly like add a long bias, I just made some common sense modifications.
     
    #19     Apr 30, 2009
  10. promagma

    promagma

    Fed day ..... going short
     
    #20     Jun 23, 2009