Archive for April 30th, 2008

Day Trading the Fed

Day Trading the Fed

I totally forgot about the Fed today, it was only when my trading mentor phoned up to tell me about it, I closed my initial trade for a scratch trade at 139725. Typical, they only call me up when they want me to do something. Anyway, I waited for the Fed result to come out and watched it.. the DOW hit the 13000 mark and then sold off. The market then formed a triangle pattern before breaking out to the downside. I sold here at 139875 and felt dead proud of myself. The market didn't do much fo

April 30, 2008 No Comments Full Story