6/15/2016

fomc.. non volatile part of the session

today just one trade again. i don´t like these non volatile periods too much.. who does, right? that is why i was little bit more agressive today, not to lose too much time in front of the screen. i took short at mid level, from my standpoint, it is (sometimes) better to strike the market at a particular levels agressivelly, instead of hesitate. of course you need to see an entry signal - here i noticed the buyers losing their powers to move the price higher and at the same time i there was the thickened price action (acumulated volume) on the level of my first target, where i planned to throw away a part of the position to make the whole deal "stress free" very quickly..
the trade had a drawdown around 280 usd, which still is something i am willing to overcome quite easily, but at the same time, it is an indisputable sign of not a precise timing entry - but never mind.. there slow markets are complicated when i comes to timing entry - 3 out of 4 contract had to be thrown away at a very minor profit to make the trade stress free in the area i had planned. the fourth contract was closed when the sellers diminished near low of the day

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