Enlarge any chart by clicking on it.

Unless otherwise specified, ALWAYS use the 15min chart to enter my recommended plays because
CONFIRMATION is a MUST. In other words, you need to see a 15min candlestick that CLOSES beyond
the entry point, then enter when it moves 10cents after the high/low of that candlestick.

Wednesday, July 10, 2013

BERNANKE SPEAKS

I did not realize Mr. Bernanke was scheduled to speak (with Q & A) in Boston after hours today otherwise my approach for today's trading would have been different. I did not check the economic calendar. I thought FOMC Minutes released at 2pm ET was the major event. So it makes sense that the FOMC Minutes was a non-event and why today was a boring day.
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