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Don't Be Tricked into SHORTING before the FED


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#1 Mr Dev

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Posted 09 May 2007 - 09:44 AM

The less we short on the controlled run up just mins before..... the better it will be to short after the FED ...don't be TRICKED into

trading early today !!!!

Edited by Mr Dev, 09 May 2007 - 09:45 AM.


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#2 NAV

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Posted 09 May 2007 - 10:02 AM

The less we short on the controlled run up just mins before..... the better it will be to short after the FED ...don't be TRICKED into

trading early today !!!!


Mr Dev,

I am already short. Just curious what is it that you are seeing.

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#3 jjc

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Posted 09 May 2007 - 10:19 AM

I agree here Mr Dev. Did some back testing of FED days; most of my shorting indicators give bad false positives. Odds are better long (but not too long as the number of samples are limited; not leaning too hard).

#4 Jnavin

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Posted 09 May 2007 - 10:32 AM

It depends on if we're talking about the 15 minutes following the announcement or the 2 or 3 days that follow. I think Dev is a 15-minute after person.

#5 jjc

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Posted 09 May 2007 - 10:44 AM

It depends on if we're talking about the 15 minutes following the announcement or the 2 or 3 days that follow. I think Dev is a 15-minute after person.


To be clear: I'm waiting on my sells till after the close. I have a small position in the ES long (Day trade) from the open (sold the majority on yesterday's close).

#6 gti_99

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Posted 09 May 2007 - 10:44 AM

I noticed the 10 year bond rate had a gap down and now it is up. Anything can be read into this? Thanks.

#7 Mtrader

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Posted 09 May 2007 - 10:46 AM

typical up/down right after fed cal. put a sell/buy order for a few points and you'll make it. Easy trade!! ha ha
You are on your own. This is for demonstration only.
JV

#8 jjc

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Posted 09 May 2007 - 10:50 AM

It depends on if we're talking about the 15 minutes following the announcement or the 2 or 3 days that follow. I think Dev is a 15-minute after person.


To be clear: I'm waiting on my sells till after the close. I have a small position in the ES long (Day trade) from the open (sold the majority on yesterday's close).



It depends on if we're talking about the 15 minutes following the announcement or the 2 or 3 days that follow. I think Dev is a 15-minute after person.


To be clear: I'm waiting on my sells till after the close. I have a small position in the ES long (Day trade) from the open (sold the majority on yesterday's close).



It depends on if we're talking about the 15 minutes following the announcement or the 2 or 3 days that follow. I think Dev is a 15-minute after person.


To be clear: I'm waiting on my sells till after the close. I have a small position in the ES long (Day trade) from the open (sold the majority on yesterday's close price (this morning)).

#9 SemiBizz

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Posted 09 May 2007 - 10:53 AM

Yes, the market is truly Fed up..... Sorry for the double entendre with or without the ' apostrophe... :lol:

Edited by SemiBizz, 09 May 2007 - 10:54 AM.

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