ES Journal Archive (2006 - 2008)

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Quote from smilingsynic:

TICK looks exceptionally strong. Staying above 0, even on dips.

Looking to buy pullbacks (bull flag) within the next hour and hold all to close.

Excellent market call & nicely traded !
 
for anyone who is interested in an intraday retrospection of recent price action on FOMC days, Mypivots.com has a collection of intraday charts.

http://www.mypivots.com/articles/articles.aspx?artnum=11

at the bottom of the page there are page numbers that you can choose to select different announcement days in the past to review the intraday price reactions.

The pattern seen most often (since about Jan 2001) is a knee jerk in one direction. Then a counter move, and then a resumption of trade in the direction of the initial knee-jerk.

caveat: Markets don't read scripts and couldn't care less whether your short or long.
 
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