Worth the wait => pocketed $655
There was ISM index announcemt at 10:00 am today but the reaction was mild and market was undecided where it wanted to go. I decided to stay out of the market..Remember patience is key... I took a break and came back only at 13:45. usually there is a big movement from 14:00 onwards.
My patience paid off. I saw price beginning to break down at 14:00. Call it magic? It's just the nature of the market. I shorted 1 contract at 1596.75 and another 2 at 1594. Price had been ranging for quite sometime already and I expected this to be a big move. I did not put a profit target..I exited the trade at 15:25 when price action got ugly. I exited at 1584.. A cool $655 in my pockets.