CL Redux

Quote from NoDoji:

Holy crap, dja see the euro??? I backed away from my screen, afraid of being hit by shrapnel.
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The 2:10-2:15 bar looked like a pile driver - ker-CHUNK, ker-CHUNK. Price seemed to move in 10-tick increments.
 
Quote from oraclewizard77:

After being down close to $ 500 real money, I clawed my way back to plus $ 100 real money on all account. Playing after Fed dec was insane and probably not something I will do again. I think better to wait for market to settle a little 1st.
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That's very wise.

Trading during major econ news when you have no idea what to expect is a quick way to lose money.
 
Quote from NoDoji:

When one door of happiness closes, another opens; but often we look so long at the closed door that we do not see the one which has been opened for us. - Helen Keller
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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 :D

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.
 
Quote from oraclewizard77:

After being down close to $ 500 real money, I clawed my way back to plus $ 100 real money on all account. Playing after Fed dec was insane and probably not something I will do again. I think better to wait for market to settle a little 1st.
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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
 
Quote from Picaso:

I've been sim-buying 10-20 scalps the last hour...

Maybe I should go back to scalping :D

What's your take?
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go with the flow, if you can predict shit up here you truly are a wizard :)

we are near May highs
 
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