Snuskpelle's (kind of) Intraday Adventures 2019

Buy NATGASUSD x 6600 @ 2.554 stop 2.43

Back in NG. In out cost approx 100, not really worth it with benefit of hindsight but it was nice to not sit around during FOMC.
 
So basically, FOMC result despite position size approaching one million USD and NQ now being well higher than my entries: Zero. Well, could've been worse I suppose. Should really have locked at closing in a bit more of MFE here, +1000 would have been nice.
 
Contemplating today, my main mistake was continuing to be in aggressive levering up mode closing in on press conference. Not adding to start of decline 15 min prior to press start would have made it much easier to quit (and with more profit, too). By the time second wave started 10 min after press conference beginning I had GF interference and also had lost all confidence and willingness to risk more during the post FOMC session since I had gone from 1500-2000 MFE (too lazy to calculate) to zero. It was a poor game plan, I should have known from past that Powell tends to wreck havoc during the conference.

Old wisdom, your entries and mid trade monitoring don't matter if you a) can't exit with the profit and b) preserve your confidence.

At least something good: I did lever up properly today incrementally. I tend to be too cautious most of the time; FOMC is generally eminently trendy though and a good time to go heavy. During a session like this I should be making 10k on current acc size, then lose 1-1.5k max otherwise on shit FOMC sessions.
 
Last edited:
Close India 50 +120

ASX200 stopped for -160ish

Not seeing any positive development and I sort of sense market holding its breath. Didn't plan to stay up but having trouble sleeping. Need to be rested tomorrow so going back to bed. Can only trade jobs data tomorrow with PMI being out of reach.
 
Back
Top