Wednesday, June 24, 2009

Before FED

I again double checked all charts and signals from the Pivot Trend System. None of indication points to selling or even locking profits. But it is Fed day, with expection of up-down movement after 2:15pm.

I decided to hold long positions into it. You can lock some profits or add short positions to hedge, if you don't feel comfortable with your long position sizes.

Watch closely, and if something big happens, be quick!

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