Why I didn't get faked out today and go long the s&p?
1) The System was in sell mode.
2) I have enough experience to know that the first move higher can always be sold off.
3) When the first move sold off to negative that was a BAD SIGN.
4) Thought Powell would stay tough.
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Exactimundo...experience is a real benefit right now. And knowing to take small bites at the trading apple during an FOMC day is priceless. You do not HAVE to trade every wiggle on the chart. Some wiggles are dangerous to your capital.
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