Market was consolidating above 200 EMA during the whole night, I guess it was waiting for the major news to come out, anyway I don’t care. The only thing I can do is don’t get in before the news announcement, because you wouldn't never know how market will react from the news. Well, I do break my rules sometimes, but the odds have to be in my favorite and risk/reward having to be great. Then I’ll probably take my chances.

The more time market stay consolidating the greater breakout will be, it is always true. Today’s trade is another classic pattern, my favorite triangle breakout. Don’t really need to know the # of the report. Market will tell you how it will take it. Entry 1854.25, first target filled at 1856.25 for 2 points to reduce risk or as an insurance. 2nd target filled at 1864.25, last target filled at 1865.75

As I writing this post which is around 1:00pm central time. Today’s high was around 1866.00, so my last 2 targets, I almost nailed it perfectly. So personally I do feel good about it. But again this kind thing doesn't happen all the time. You just can’t always wish for it. beside there are still 2 hours left before the closing bell, who knows what will happen, maybe market will come back and make another all-time high, God knows! Anyway this good feeling will probably carry with me for couple of hours or may be into the weekends. I’m trying to not forget “you are only good as your last trade!”

Personally, I think that I don’t have problem cutting my lose short and I have great patience to let my winner run. My weakest point is that I need to improve on adding position. I still have to work on that.