For those that shorted, please set in a trailing stop to protect your profits. Do remember that tonight will have FOMC report and Uncle Ben Bernanke can do anything. That means market can swing down or can swing up.
Over the last 2 days, I had good profits and closed my S&P500 and EUR/USD shorts yesterday (early this morning) and set a trailing stop in HSI. Now deciding to see if I want to close half or set a very close trailing stop in HSI. Alternatively as of now, HSI is still black candle. May be I will close it if it turns white.
Those thinking to short today, do note that you will be chasing. Maybe uncle Ben will give you some good news but just remember that your risk will be higher. Those thinking to long, do watch for reversal candle first.
