I spent this morning getting some other work done around here in anticipation of a very slow day for I thought that the Fed Announcement was this afternoon. Imagine my surprise when I pull up my carts and see a beautiful downtrend all day! So I check Briefing.com and there in black & white, Fed Announcement Thursday 6/29 2:15pm.

I have no idea where I got it in my head that it was today but I missed out on some very nice trading opportunities today because of it :-<

I had some good trades this afternoon, but I didn’t take the time out to analyze them today as I could count the # of trades I made on 2 hands & only had 2 losses… 1 was legit, but the other one was simply a pure impulsive play on a false breakout where price was on the higher timeframes was smacking straight into the declining trendline. I finished slightly up today, but would have been much better were it not for that 1 bad trade. The markets sure don’t cut you much slack do they?

Ah well, all I can do now is get ready for tomorrow. One of my Swing Trades did trigger today and is up nearly 3.00% on the day…Hope those of you who subscribe to my TradersCue alerts were able to take advantage of it. The other one that I’m watching has yet to trigger and is just sort of stalling in a very very tight range.

I don’t really have much to say about today other than *yawn*…. I tried to get in a a couple scalps this morning but it became real whippy real quick and I just gave up until volatility picked back up. Which didn’t ever really happen. There was a little pickup this afternoon and I got a couple of scalps in, but I was just too affraid to go for much knowing that it could reverse on a dime an time.

I’m not looking to do much tomorrow morning either. I’ll wait until after the fed-announcement.

Good luck if you to try trading in the morning, for you are braver than I.

I did not have any picks for last week since I was away, but I have just posted this week’s Swing Trades on TradersCue for those of you who are interested you can sign up for free above to recieve the details.