FOMC – Pants! S&P Emini trading
At 19.00 GMT, the FOMC made it's announcement.. I had no idea what they announced but the market didn't really do that much. I entered short when the market went below a previous support level at 135000.. unfortunately, it soon bounced back up and I had to nurse a 16 price loss! Ouch! My trade wasn't a bad one, I had traded on break of the channel. Luck wasn't on my side this time.... as I write, the market has broken up above the upper trend channel. If I had bought this, I could have gr