Search results

My bias is long today and I will look at first to buy pullbacks. Ideal long entries for me are 119 100 and 119 080. I'd be careful if we break 119 080 though. Targets are 119 155 and 119 205. Note that my average trade is only 15 minutes, so my bias will change throughout the day...

Times are based on a range of studies I did over the weekend. Basic Gann Fann stuff to other things. When unrelated studies come up with the same time, I pay attention. Note, that I'm not referring to some sort of cataclysmic event or news item. Just an ideal time to trade.

Posted at 0649 hrs EST Look for something to happen at 0741 hrs EST in the 10 year ZN. One of the most important times for something to happen to today.

By the way, if anyone followed my time cycles when I was posting my journal, I'm looking for something to happen around 1400 EST today, Tuesday May 12 2009. To be honest, if it weren't so late for me, I would be waiting for the above time to trade multiples of my usual ZN lot size. I have no...

Sorry for the late reply, as I've been trading the ZN, but now that my last long position is well on its way, I think there is a definite danger of a touch of 121 160 or even close to 122 000 today. Since 0903 to 0906 EST on the 1 min ZN chart, I've known that whatever short bias I had coming...

bhthomas, Thank you for your posts. As someone who trades MP, your analysis is a welcome addition to my own toolkit. Regards, John

jfut, a) Keep in mind that the chart I showed is one of my basic charts. I look at others. Yes, I always have some type of hourly S/R over a 5 min chart. This is key in my opinion. I don't look at a 4 hour S/R. b) The three lines can be thought of as a variation of a daily pivot...

Quick post to anyone following the 10 year. This is a very treacherous market, especially since the Fed made its 5 point market moving decision a while back. Assumptions about multi-day directions are proven false each day. Just look at the PA over the last week. In particular look at last...

jfut, I'll try to post as time permits. My first priority is trading. Let me see if I have some downtime as the day progresses. John

dhpar, BondTrader50, You're very welcome. I hope that my post saved someone a lot of money today, IF they were married to a long term outlook BUT trying to day trade. Funny how I put that up yesterday, and what do you know we get not one BUT two opportunities today to put it to use. If...

Unfortunately, today was not the day to break 120 145 on the 10 year. It looked very promising when I posted. The failure today at 121 015, followed by a text-book waterfall down pattern to 121 205 led me to believe that we would see significantly more downside today. So, here is some...

Pull up an hourly chart on the 10 year. We are about to test/break three previous tests, i.e. 3 day's worth of previous tests. This is fairly significant, unless more tricks are up their sleeve. Looks like new significant lows are around the corner.

If we can just break this 120 050 area in the 10 year, I think we will see a nice water fall down day. More than we've seen so far.

achilles28, Would you be able to elaborate on your research into deep breathing, in particular books, or article links would be great. Your post struck a chord with me. Regards, John

I have to agree with Surdo on this one. It might be fun once in awhile, but it is really distracting. Baby ducks have to fly alone eventually. Look at the number of journals that close. There is a reason. I gave up after three tries when it occurred to me that 1) no one thought I was...

drcha, and spindr0, Thank you for your posts. Well said, and everyone is well advised to read your posts carefully. Regards, John

You need to think through various scenarios. Frankly speaking when I started trading them in 2007, I thought they were the greatest thing...and then I had some stocks I had covered calls on go against me. It is not bad when it is only a + or - 10%, but when they start going down without...

jimbo, I took a look at your site. Excellent stuff. I collect trading software like some people collect baseball cards. I think I'm going to have to buy your software. I'm quite happy with my current MP setup but as a fellow programmer, I can tell you have spent a great deal of time and...

I traded covered calls last year and the year before. Keep in mind that it works until it doesn't. What I mean is that it is very nice to collect that nice monthly premium simply to wait, but the key is the stock should either not move very much, or steadily climb higher. What do you do if...

Where did you get the details of the model to calculate it on your own? I've only looked at JPEG's of his dates.