FOMC minutes days. They really are so boring, aren't they?
I mean, occasionally you get a manic bit of action over the numbers and after the numbers, but basically, we know in the run up to the announcement, absolutely nothing happens. And so it was today.
Sure the market made some moves - BUT in a highly unpredictable way. And those of course, are the choppy days where if you're not careful, you can be chopped salad by the end of the day. How did we avoid it? Well, quite simply, Inteligex never gave us many signals. Those that we did get were pretty much all filtered out.
Could you end the day in profit? Well, yes, we did. About $198 up to the first 30 minutes, and towards the end of the day, another few $100 were added to that total, but in all honesty? The truth is I wish I'd taken the day off and just gone riding my bike.
There you go. At Inteligex we prefer to be honest. Even if the truth costs us business, we'd rather call it the way it is. Honesty pays off in the end. And you will find if you trade alongside us, that that honesty translates into always giving you the best advice that we know will work in the long run for you as a trader. Sometimes its tough love ... but in the long run we want you to make money.