Tuesday, March 16, 2010

2010-03-16 POST FOMC trade.

Fed keep the interest rate and people are expecting them to raise the rate later now.

DJ fed fund future see 70% odds nov hike, vs 84% odds pre-fomc





Today's trade was important not only because it's a winner, but also because I am again on the top of my account balance high. I was here 1 week ago, and then I draw back 200 pips.

More importantly, I'm using the right size and no rule breaking today. Also managed my exit well.

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