Good Morning,
All I've got to say from today's movement is...Wow! Both announcements were pretty amazing to say the least. Each produced about 10 point drops on the e-mini's! I was in and out so quickly that it took me a couple seconds to catch up. Although you could say I skimmed just a tiny piece of the movement, I was happy with my results. And because it took me a few seconds to catch up, I was thrown off, so I just stood back to watch it play out. I made my 1.5 points in the same second. I missed the initial reaction of the second announcement of the day, and again because it was producing a bigger than expected movement, I just sat back and watched. So 1.5 points was my total.
As for the others. Jerry was initially put in a bad position (for those of you watching the announcement, you can probably understand why with that pre-announcement jump), but recovered in that same minute and ended up with our high of the day at 2.5 points. Steffany was not here for the first trade, but made 1.5 points on the later announcement.
There are no more scheduled announcements for the rest of the week, and it looks like our first trade will come next Tuesday. However, next week we have our Boot Camp classes scheduled for Monday and Tuesday. For those fully signed up with MMT, this gives you an opportunity to learn, refine, and get your questions answered about MMT strategies in a classroom setting. Our Boot Camp is held here at our South Jordan office. For more information, or to register, contact Lauren Harris at 877-747-3450 or by email at Lauren@theexchangeut.com.
Thank you,
Don
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