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SyndicateTwo

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SyndicateTwo

Re: robanson post# 538

Thursday, 05/01/2008 12:12:56 AM

Thursday, May 01, 2008 12:12:56 AM

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Remember when you trade e-minis, you have to be a strict trend follower, not top or bottom fisher. The leverage in them will kill you if you try to get cute.

If you're long and then it turns on you, you have to learn to just take the hit and go the other way.

But here's a tip -- on FED day, ALWAYS trade counter trend 5 to 10 min after the announcement. It ALWAYS does that. I don't know why, it just does. For some reason whatever the initial move is up or down, within a few minutes it turns.

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