Trading Results April 30, 2014 / 6E Chart!
Typically the NQ & ES get pretty choppy on Fomc day’s and not a bad idea to step away and take the day off as a lot of us did. There were quite a few reports at 8:30 this morning so we had to trade the 6E with caution. After the reports were released and when most felt settled down, we took the 2 trades that were valid and they were both winners. I will post the chart below for you to take a look. Tomorrow, Thursday May 1st, a majority of European Banks are closed and therefore we will personally not be trading the 6E. We will resume on Friday. As far as the CL, we had 1 trade which took place this morning that was a winner but it was NOT valid due to the report. We will be back at it tomorrow morning.
Here are todays trades:
NQ 4-30
No Trades – FOMC
0.00 Trading the NQ
ES 4-30
No Trades – FOMC
0.00 Trading the ES
6E 4-30
+4+1+6 = +137.50
+4+2 BE = +75.00
+212.50 Trading the 6E
0.00 Trading the Crude oil today