All About Fed 11-20-13

Fed minutes was released at 2pm and market reacted negatively for certain languages implying a possible earlier tapering. It was a 20 point move day with morning break yesterday's high and afternoon tested Feb 50% RT.

I didn't get any fill for my ES orders although the price touched my first level of support. It looks like we may have another leg down before the weekend. I may have chance to fill my orders for next two weeks. Tomorrow's jobless claim and Friday's unemployment report will provide further information regarding tapering. 

My SPY calls made 40% profit and closed this AM. I entered another one after Fed min and based on Vader's twit. It was an undisciplined trade. My subconscious didn't stop my impulsive action. My plan was watch the full movement of Fed minute reaction before taking any action. Now my 1779 SPY calls are under water. I even added another one at 40C to average down. Got to exit it out tomorrow.