ES Update and Trade Idea post FOMC
From yesterdays Trade Idea:
5199 ES Futures June
Short at 5211, Stop at 5225
Target 5161 but will update
Could push a bit higher. Caveat is FOMC rate decision and notes are due at 2pm EST tomorrow, always a VERY volatile time to trade that I prefer to avoid, but if we get short stop is tight
Post Mortem: We hit my 5211 entry, stopped out quickly at 5225 and then hit…
5199 ES Futures June
Short at 5211, Stop at 5225
Target 5161 but will update
Could push a bit higher. Caveat is FOMC rate decision and notes are due at 2pm EST tomorrow, always a VERY volatile time to trade that I prefer to avoid, but if we get short stop is tight
Post Mortem: We hit my 5211 entry, stopped out quickly at 5225 and then hit…