Gus

September 20th

I was watching the markets for a couple hours as I performed some other duties here at my desk. First trade was a short during a two-candle pullback during the 1:00 - 1:40 pm minor trend down. I saw bid/ask getting squirrely so I exited. About 10 seconds later, the price really dropped and kept going for another ten to twelve minutes. I missed that one... scared out by a signal that was not one I normally would follow. No matter, I'll take the good from it; I properly recognized then paper-traded an intra-trend pullback in the direction of the primary move. Something I have struggled with over the many months I have been practicing. I attended to some work then but kept and eye on the charts. I then was involved in an important call about my home heating system when I noticed the explosion in price after the FOMC meeting. Wow... I paper-shorted into the big 2:15 candle, blending a few entries for a good price and awaited the expected drop. It came and I covered for some winners.

I watched instead of playing, looking at some nice movement... then shorted into the decent sized 2:35pm candle. As expected, price broke down and I covered for some more gains. I ddn't play anything more through the consolidation phase that followed. Then, I had to deal with a sick kitten, our Maine Coon Cat we got in late July. A 4:00 appointment with the veterinarian revealed a high likelihood of the virus FIP. The tests should be back by Friday but we suspect it to be the illness. Incurable and fatal, it looks like little Gus will have to be put-down by the week-end. So, it's turned out to be a sad day here at bluecollar central.