What Me Worry?

I hate FOMC days – no matter if it’s the notes, an announcement, or just a speech. Usually the entire session is a waste and I rather spend my time attending overdue chores or just hitting the gym (did both today in spates). A few of my Forex campaigns have been taken to the woodshed overnight but except for two I got out at break/even.

So I shouldn’t really worry and just let my campaigns do the talking. With that said let’s take a peek at the survivors and two of the losers – in no particular order:

GBP/CAD – I got super lucky here. I had it set to flip a few pips below 1.85 and somehow I didn’t get snagged. Looking good now and I’ve advanced my stop to the 100-hour.

ZB – what a damn dirty shame on this one. I’m pretty certain we’ll see another break out attempt here and I got stopped out at break/even by a few ticks. Well, it happens, no sense getting one’s panties in a twist over it.

Crude – what a shame! Same sentiment as on ZB actually. This one is actually coiling up for a big move and I’ll probably work my way into an entry here again soon. Stand by – I have a feeling we’ll be seeing this one soon again.

USD/JPY – didn’t break a sweat on this one – progressing nicely and I’ve moved my stop near the 100-hour.

NQ – ditto on this one. It pays to get an early entry and if we can hold into the close we should be able to leave behind that 25-day SMA. Moving my stop below the recent spike low.

And that’s all for the day – no new campaigns – let the market digest the FOMC minutes first. Tomorrow is another day.

It’s not too late – learn how to consistently bank coin without news, drama, and all the misinformation. If you are interested in becoming a subscriber then don’t waste time and sign up here. The Zero indicator service also offers access to all Gold posts, so you actually get double the bang for your buck.

Cheers,