What did you Learn Trading the ES today?

M

MACD

Before today's Fed announcement (Wednesday 9-18-2019) and after what did you learn?

upload_2019-9-18_11-34-23.png
 
Don't get married to the small time frame...keep an eye on the larger time frame too...

Today's price action gave a nice reminder about such via the 15min chart time frame.

wrbtrader
 
wrbtrader said:
Don't get married to the small time frame...keep an eye on the larger time frame too...

Today's price action gave a nice reminder about such via the 15min chart time frame.

wrbtrader
More...
Bravo
Agreed
Doubt others here know anything about what you just posted
Thanks @wrbtrader
 
I thought it would go down more than it did. I exited short during Powell presser as I knew in advance a cycle low was near. I'm not going long. Waiting for next cycle high to go short. High due around Sep 24.

Clipboard01.jpg
 
I traded 935-1330 EST. On Fed days I log off at 1330.

Only one valid signal today (per my plan), which triggered around 1030 EST and eventually hit target around 1PM. Don't think I learned anything "new", but every trading day is a chance to build or further reinforce good trading habits. (e.g. stick to plan, don't do anything impulsive, etc.)
 
SteveM said:
I learned that is becoming increasingly apparent that the FOMC press conference has become more important than the FOMC press release itself.

At least since Powell has taken over as Fed Chair.
More...
Thanks -- great point.
 
I learned that swing trading is a real pain in the ass, and that Powell should feel lucky the markets are not punishing him more.
 
You must log in or register to reply here.
Back
Top