FOMC Chop ( $TWTR $FB )

Volume was historically low during the morning session because the FOMC minutes come out at 2EST. I decided that unless any of my setups showed a significant surge in volume I would wait until after the meeting. Per usual, the minutes caused a good amount of volatility and I just couldn’t get a grip on it. I essentially got chopped up today but because of tight risk management, I’ll live to fight again tomorrow.

I really just felt like I couldn’t get a grip on Twitter… oh well. All trades today were to the long side so I was 1/3. I saw my short setup form but we were less than 30 minutes from the close so I decided to pack up and call it a day. See you all tomorrow.

Edit: I forgot I did take a short trade this morning. I focused on taking profit quicker because it was a slow moving day. The first red arrow I scaled out of 2/3 my position and the last 1/3 I closed out for a small loss. Overall it was a winning trade so I guess I was 2/4 on the day.