11/15/16 Edit. In thinking about what happened on Fed day and how I could have traded it better. I had it stuck in my mind that the interest rate hike was already priced into the market and when the news could come out the market would reverse, but instead the market continued in the same directional trend. I had not considered that possibility, although many of the signs were already there in place. I could feel that my positions were making me nervous, a clear sign to exit. I could have listened to that intuition and waited for post announcement.

Clearly a very exciting day. If I were a better trader I would have shorted the mining stocks, shorted the indices, shorted bonds, and gone long the dollar. Fortunes are made on days like today. So, okay, I get that I have a lot more room for improvement. That is why I do this. I have to work on my inner game first.

Here’s my TLT Wave Count. It looks to me like wave (v)/3 down which could extend or end tomorrow with a wave 4 bounce around the corner.