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Same here. That's why I stay away and pick in the second push a few ticks. Even then news days are not my best days.
So far markets are quiet. No cut should mean up. But market has no confidence.
Vola will come in with Trichet speaking...
Megaphone . No trend here but shorting 3400 would be an intelligent trade . Not in my plan so I watch but I would consider a limit order to short todays high when the bears take out the high by a little and start piling in - maybe .
Short 3420, I will add at 3475-3500 if it moves up to that, a move much above 3500 will leave me flat.
Ultimate target 3000, intermediate targets 3100, 3150, 3200. Am prepared to hold overnight and through the weekend, should everything still look good when it is time to make such a decision.
Weekly and daily charts with possible reversal pattern.
60m: 3477 61.8 retracement as a possible top.3380 level for PB
Waiting for NFP, quick trades in selling rallies (yesterdays high etc)
After testing i have found that over the course of a few weeks CD doesnt provide any increased edge to the one i am already using. It does identifiy some conditions outside of that edge but thats a whole different ball game and set of rules and ideas, also there are times when it doesnt support otherwise valid trades with my existing strat.
So for that reason and as im comfortable and doing fine with my existing setups and dont want to change them or add to them im going to leave it from my charts.
Has been an interesting look though. I would certainly be using it for ES i think.