6/18/22014 +$437.50 (FOMC Statement)Another great example of the trap trade. The market reacted exactly as we expected it to, it spiked down, filled us then shot right back up and hit our exit order. This software has been a great addition to our news trading toolkit. Hopefully things will continue to go well. My work schedule contin…
6/9/14 +$37.50 (NFP)Well its official. This was the weakest nfp i've ever seen. The deviation was very small and the move was consistent with this. We continue to use the trap trade method with the ES since the zb hasnt been performing well. Even tho it was a small move I was able to take a small winner out of this t…
6/4/14 +$25.00 (ISM Non Manufacturing PMI)This is another U.S. release that im going to be trading with the 6J instead of the zb. The deviation was very small so we didnt get much of a move but we were able to get our take profit hit after I moved it. I also checked the zb and it basically just whipsawed so ill continue to stay away from t…
6/2/14 +$125.00 (ISM Man. PMI)I usually take this trade with the zb but after declining performance i switched to the 6J as it tends to be a bit more jumpy and it turned out well. The market jumped up and hit our profit target almost instantly before retreating back. Thats why I like to use profit targets. I'm usually in and ou…
