My final trade was a break down play in WMT after a shakeout just after lunch time. WMT was on my gap down list this morning and had been basing at the lows all day. After the shakeout, I felt confident enough to try a play lower once the base had been broken. Since it was the end of the day, and I was green, I played this one tight and as price moved down, WMT formed a small pivot on the one minute chart that I could bring my stop down to in profitable territory. A few bars later price action hit my stop for a small gain. I had a small green day today, not bad for a Fed day, a few years ago, I always lost on Fed day’s, but those days are over!
WMT