Two hours before Fed rate decision

We're back to 100% cash. YTD -5.54%. While we traded FXP really bad, we got lucky that it spiked up to 101 at the opening. As Livermore would say, the reason for its move will present itself after the fact.

I am tempted to try a ultralong ETF before the fed rate decision, but for the moment I don't have a tell on what the market perception will be. Historically, the point move that occurs in the 105 minutes after a rate decision is reversed the following business day. But I was more fearful on not losing my profit for a third time and decided it would be better to sit this one out.