20140430
Long 3 TF 1107.1, 1107.1, 1107.2, +1.0, -0.5, -0.7
Long 1 TF 1106.2, +4.0
Short 1 TF 1105.6, +1.5
Total TF +5.3
Very thin in the TF today, and that made for some whippy action, a bit like yesterday. But the trade models were true nonetheless, and that's what's important. After a low is in solidly, it's still tempting to fade the 2nd trend direction back in the direction of the 1st, as the 2nd trend seems to have a psychological pull...but a lot less so
if you traded the 1st trend successfully. Will return in the PM to watch for possible pre- and post- FOMC entry models. Stay focused.
