Tuesday, August 5, 2008

08.05.08 - Steadily Rising Adjusted Tick

Don't forget how noisy price action can get just before the Fed announcement and then through the close -- maybe use the rising VWAP as a trailing stop. I'll look for the source, but I believe there is a negative expectancy for post-up-Fed days. Meanwhile, the Adjusted Tick is incredibly steady. In a couple minutes, I'll post a daily chart -- and here it is:

o 11:20PM PST UPDATE: Fed Statement

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