Fed announcement and trading

I actually made some today. Not a lot. In the past, I would lose a lot due to the volatility. Strangely enough, today it felt slower than past Fed announcements.

Perhaps my discipline of executing only at the right spots carried helped me out during this typically volatile announcement event. If so then that's good progress. Practice. Practice. Practice.
 
I'm usually flat leading up to the announcement. Things can get really whippy at that time and I don't want to be in a position and have my stops skipped over by many points. I've been trading 12 years that's how I was taught and that's the way I like to play it. I also tend to be similarly cautious if the Fed Chair is making some speech on a particular day during market hours. And since many other traders are also flat leading up to announcements, the volume tends to be lighter and the price action tends to be thin and so I don't find that trading my rules really product much on those days. After the announcement however I will begin to look for possible trades.
 
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