Just curious if anyone here is trading Wednesday...
I have a window of about two hours where I won't touch a trade. From Noon to 1:30PM... If Bernanke doesn't hint at some kind of QE this market is going to eat it...
He better word things carefully!!!
I don't trade around the big news events like these because the 10-20 handle whipsaws in both directions make me dizzy. Give it an hour to re-establish a normal trading pattern I say.
No reason to trade during news events like these. Missing big moves? Who cares! You can make more money levering up a little more on proper trade setups than walking into 10 handle double directional whipsaw events. Ha...
I have a window of about two hours where I won't touch a trade. From Noon to 1:30PM... If Bernanke doesn't hint at some kind of QE this market is going to eat it...
He better word things carefully!!!
I don't trade around the big news events like these because the 10-20 handle whipsaws in both directions make me dizzy. Give it an hour to re-establish a normal trading pattern I say.
No reason to trade during news events like these. Missing big moves? Who cares! You can make more money levering up a little more on proper trade setups than walking into 10 handle double directional whipsaw events. Ha...
