It’s Monday and I wish I had some good news to report. But I’m not going to sugarcoat it, you know me better than that: the next two weeks are going to be rough. For one I just checked the event roster and it’s looking pretty ugly there, with a veritable laundry list of potentially market moving events scheduled every day this week starting tomorrow.
As you probably are aware, starting today the remainder of this week is pretty much a wash as we are being graced with consecutive Fed, ECB, or BOE policy updates. Which of course means choppy tape and intra-day volatility all the way through mid Friday. Oh joy.
I had a bit of a restless night and after finally falling out of bed in the morning I noticed that the cheek underneath my right eye was red and strangely swollen. IAMAD but it looks like sinusitis caused by seasonal allergies. Which unfortunately is a condition I have to face every single year.
Either way I officially look like a deformed swamp monster out of a 1950s horror movie today. Not feeling so great either to be honest so I think I’ll just call it a week as I won’t be able to give you my best today.
Here’s one chart though I definitely wanted you to see. Looks like I missed two stop runs on the E-Mini by just a few ticks. I think we [...]
I would love to tell you that I have returned from a relaxing two week vacation on an island paradise but then I would be lying. Pretty much everything that could have gone wrong during this trip in fact did go wrong. At times it felt like we should have changed our last names to Murphy. Does that mean we didn’t have a great time? Of course not! Because as with everything in life, and particularly when it comes to trading, the path to success lies in managing your expectation and your actions.