Fed lowers rate and good trading on market today

As usual on FOMC announcement days, I make sure to assume a flat position about 30 minutes prior to the actual news. This is because I have no interest in getting caught up in the whippiness that usually occurs after such a significant announcement. The problem with that is just because you have a stop set on a trade, doesn't mean you are protected in case of extreme volatility. The market price can easily jump right over your stop triggering it, but you might get filled 20, 30 or 50 tics beyond that once the order is executed. But prior to the announcement, we had some good trades on Russell, Gold and mini-Dow. I went flat before the announcement and after that there were no valid patterns to take. So overall, good trading today.

Reported white screen problem with TradeLogger

Hi there traders. Some people have reported that they get a white screen appearing after the welcome screen appears in TradeLogger and they cannot make it go away. This seems to be an issue which is remedied by performing a Windows Update to make sure you are running the latest Internet Explorer and ActiveX on your computer. The users that reported this problem have said that it went away when they checked these two things and updated them. If the problem persists, please let me know. Other than that, let's have a great trading week! Good trading everyone.

Another positive day trading the mini DOW

Today provided a couple of winning trades on the YM (mini DOW). Quick ones too, which are the kind I like the best. I've been finding more and more than lately the 3 minute chart of the YM seems to get me into a move in a little bit better position than the 5 minute charts have. Not that the 5 minute charts are bad charts to trade, it's just in the last 5 or 6 months I've found that I've noticed the 3 minute charts getting in early on the move, whereas the 5 minute charts get me at the peak of the move.

Excellent trading on the DOW today

What a beautiful day trading on the mini-DOW today. 2 big trades yielding over 150 tics, just trading basic CCI patterns at bar close. Some people ask how is it possible to really get a 2:1 win to loss ratio and this is one of the ways. By having a running contract on that catch these long, extended moves makes up, in the long run, for small losses or BE+1's.

Way to go everyone that caught a piece of today's action. Good trading!

Bull Call Spreads working so far

As I continue to delve into the world of options I have been carefully putting on a few simple trades based on signals generated using the CCI indicator on daily charts. So far, all of these spreads are working and showing moderate profits. My main goal in doing this is to become more familiar with managing the options trades using the ThinkorSwim platform. Managing swing option trades is definitely a different animal than day trading futures and I am really enjoying it as each day goes by I learn more and more about the different strategies for doing option plays.

A few new TradeLogger features

Over the last few days I have added a couple of features that people have requested. Our new Live Messages panel has been very popular because it displays immediate information about what is going on with TradeLogger, but some people have requested that can be hidden to save screen real estate. Version 2.3m now has the ability to minimize the Live Messages panel. Also another user-requested feature is to make the Journal Entry field movable by clicking and dragging on the title of the window. You can now move it anywhere on the TradeLogger screen. More updates are being worked on as I type this. Good trading all.