Day 494: FOMC

Profit: -$6.26 Total: $818.80

It was another interesting day or price action due to the FOMC minutes meeting in the late afternoon. There were division between the members on how fast rates should rise but ultimately they agreed on a gradual rate hike. The dollar seems to continue on it’s pullback as the bears continue to bring it down.

I didn’t trade much due to pre FOMC low volume and the post FOMC crazy volatility. I had a bad USD/JPY short trade, which I made up for with some long scalps. I’m still eyeing a USD/JPY as long as the dollar continues to look weak.

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