Looks like they might be walking price up to the FED & ImO good odds in that case of looking out for a short near that time, but we'll see. All the best to all!
I think we get 50points cut and a 2 Minute pop followed by a short sell off and then we rally the rest of the day to 1390 ES.
If only uncle Ackman from hedge fund firm Pershing Square Capital Management wouldn´t have commented on bond insurers.... http://www.marketwatch.com/news/sto...x?guid={E3574993-53D5-49A1-A687-687866DF84F5} Meanwhile I have to enjoy some good stuff.... and gourmets of some good PREMIUM Vodka will know this site ( enjoy the music ) : http://www.stoli.com/ Good luck and good trades ! Na zdarovje !
well, he's short this stocks so he had to say something not to go underwater. But it was a very good day to trade and currently I am long again and also long FDax 6874
Long from 6782.5 off 2 min formation, best to all! Yesterday was absolutely wicked, traded pre-FED p/a off multi time frame charts and got a substantial part of that price lift into the announcement, traded via ES (charts in ES Journal).
1/3 +43.5 as 2 min starting to diverge Long gold off 5 Scaled out of the gold Long for $2.5 and change gain
TY! I have my S1 at 6757 and the reason that is because I use 24hr data which is not entirely 'true' AH as it is marked to other markets (mainly US), though I must admit that way I somehow get a broader picture as there is correlation in todays' markets, so whenever you are getting a gap on your chart, mine doesn't have it. That leads on quite a few occasions me being able to see a divergence setting up pre-RTH which is one of the best indications that an RTH price gap is about to be closed (ImO). My pivotal is at 6887, OK it could be coincidental today but price did "plummet" when price went through 6887 at 9.40am