Trader X

Today will be interesting for 2 reason. One, it's the last day of the month and the markets usually positive. Two, it's a new Fed meeting with the new guy which means uncertainty. Yesterday we saw the beginnings of uncertaintly... market was very tight range and coiling up like a snake. I had no setups and no trades. Today it's off a little before the open but I wonder if will be the same until after the 1/4 point increase... a mistake by the way. Economy is already weaker but they will do it anyway.

I probably won't trade until after the Fed announcement.

Trader X