Tuesday, December 16, 2008

December 16th Update

FOMC day today. Which means no trades for me. I take this day off every time. Things are dead and sloppy ahead of the announcement, and jolted and erratic after. I feel this type of price action erodes the edge of a typical trading day so I leave it alone.

Spent the day honing techniques and setups and doing backtesting. Fun fun fun!

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