Busy Thurs and Friday

Lots of news out these two days: European interest rates and U.S. monthly jobs data. Then we have earnings season coming. Opportunity is knocking.

The ES gave a bit of cream in addition to its usual milk. The first trade was a long the result of pre-ECB announcement maneuvering. I then went and sat by the stream and watched the water rush until I had lunch. I ECB made its announcement cutting a quarter across the board. I then waited for the ADP jobs guess to be out of the way and was ready to trade again after that.

You can see the results below. It all became clear, but needed disciplined patience, which is still not easy after all these years.