Done for the day already - Closed

 So, time to get back into it. Looked at the charts, and things looked like they were rolling over. 

I had a thought to get in early, but with CPI numbers at 0830hrs, was glad I didn't:


No matter which way I would have traded it, I would have been stopped out. Good confirmation of my plan to not hold over numbers unless I have a big cushion. 

But once the numbers were out, tried a couple of trades to see if all the craziness of the wild volatility was done.

At 0836hrs, Sld 1 x ZF @ 108'16. This was a 12-tick reversal off the lows of the day. Prices looked like they were continuing lower. Note: 12-tick is the default for ZF (8 for ZN and ZB). But, at 0837hrs, BOT 1 x ZF @ 108'200. The reversal didn't hold.



Changed up to Fib retracement of 50%. Let the price come up to 108'255, go a little higher, then come back down. at 0843hrs, Sld 1 x ZF @ 108'255. Stop of 20 ticks to give it some room to breathe.

And breathe it did. At 0855hrs, Bot 1 x ZF @ 108'305.


So, that's it for the day. The plan for tonight is to see if the hourly closes below the cloud, I will enter to get short. If the Daily closes above the cloud, time to get long. 

Am I getting a little discouraged? Of course. But I know that this silly volatility will stop. The goal is to keep my wits (and funds) available and ready for that time. I will have to be choosey with my trades, but I will continue.


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