Wednesday, January 27, 2010

FOMC Gettin' It's MoJo Back


The 3000 tick chart above is from one year ago. I saved it because during the course of the day I took 3 trades based on using more sensitive charts. They were all losers. And you can tell just by looking at the 3000 tick how poorly they were executed and why they failed.

Response to previous FOMC minutes has been tepid the last several times. But today the market actually lit-up.

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