After initially going my way yesterday afternoon, this move in SPY this morning hit the stop and the Wonderwood short trade is stopped. Stops are part of the game. I will wait per the analogue for post Fed now before doing anything. Link to the Short Position Entry. Here is the chart:
Last night after the RBA minutes NZDUSD spiked the .7950 stop by a few pips. Link to the NZDUSD Entry Post. Per the twitter discussion I am still in this long trade and think we may have caught a bottom. Here is the chart:
I am going to take today and tomorrow off and wait for the dust to settle a bit with the Fed this week. Good luck all!
Peace, Om,
SoulJester