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  1. J

    Bond Trader 2009

    1012 EST The missed short at 116 090 or so will probably end up being the trade of the day.
  2. J

    Bond Trader 2009

    1011 EST Completely missed an easy short posting here. Oh well, I felt obligated to caution you.
  3. J

    Bond Trader 2009

    The first time approach buy 116 050 trade is now over. That was close enough. I didn't take it, just a friendly observation in case you did. I'm waiting to go short now
  4. J

    Bond Trader 2009

    I would have gone long there. It is a fairly classic setup. A test of yesterday's high, back off, and then exceed the high. My buy would have been either the bar after your circled bar, or more likely the next bar. The second bar (the more likely one that I would buy during its formation) is...
  5. J

    Bond Trader 2009

    0713 EST My best guess for a range today is 117 010 and 115 050.
  6. J

    Bond Trader 2009

    0655 EST Pre Market 03 August 2009 I'll keep this short. My take on today is that we will be range bound through 1000 hrs for the reports at that time. I would like to be a first time buyer at the following level: 116 050 A secondary buy might be at 116 190, but this would be...
  7. J

    How many people here actually make a living?

    I think your math is a little off. 1000 USD a trading day, is let's say 200,000 USD a year based on the previously mentioned 200 trading days a year. Even taking away 50% for taxes, you would still have a net 100,000 USD a year. Maybe things have changed since I went to college, but I can't...
  8. J

    Bond Trader 2009

    accutrader, You get an "A" for the test. 116 190 you could have gotten from simple S/R. 117 040 and 117 120 as targets I determined based on my WGSR work. The final trade on that chart where I go short at 116 260 is just standard '000' playbook for me. First attempt at high around...
  9. J

    Bond Trader 2009

    So now here is the test. At the 1120 EST 5 min bar we have a high of 117 050. The bar is a solid red candle for me. Question 1: What might you do there for a very quick trade, looking for 1 - 3 ticks? Question 2: Where would you look to buy for a first time approach only after the...
  10. J

    Bond Trader 2009

    Looking at the first trade on the chart, I refer you to my 0846 EST post. Once it was obvious that 116 190 would not be breached to the downside, I wanted to get in ASAP. I actually had attempted to get a limit filled at 116 210. I chased and got in at 116 235. I wasn't too concerned because...
  11. J

    Bond Trader 2009

    Everything you need to know regarding a trading plan is contained in the below posts that I made on Friday 31 July 2009. Everything. 0846 EST I'm looking to buy either 116 190 or 116 130 on a simple S/R retracement play. 0911 EST 117 040 is a major WGSR. I'm calling it a main...
  12. J

    Let's Trade III, by Sicktrader

    atticus, What is IB's equivalent, the trades tab view? Regards, John
  13. J

    Bond Trader 2009

    0939 EST I may call it a day, not sure. My assessment regarding 117 040 as an upside target for this cat and mouse game now at 116 240 still stands. If we go all the way down to 116 160 or 116 130, then obviously it will be much harder to get back up there. As long as we stay up in this...
  14. J

    Bond Trader 2009

    0934 EST A very conservative example of how to make money day in and day out in the 10 year futures. Yes, I completely missed the spike up move on the first few 5 min bars post 0830 EST report. So what.
  15. J

    Bond Trader 2009

    0918 hrs All indications on what I watch are that we will get up to a minimum of 117 040, maybe even higher. Based on the 040 assumption and the '000' play book, I'm telling you there will be multiple trades to engage in up through 1200 hrs EST. I won't be able to post. Time permitting...
  16. J

    Bond Trader 2009

    0912 EST OK, I'm riding the train. Back later.
  17. J

    Bond Trader 2009

    0911 EST 117 040 is a major WGSR. I'm calling it a main target for a trade initiated between 116 195 and 116 250.
  18. J

    Bond Trader 2009

    To anyone following along, scalping, and the first time approach only trades posted pre-market are two completely different methods of trading.
  19. J

    Bond Trader 2009

    Thanks. Between my two possible buy points, 116 190 and 116 130, obviously 116 130 is the more conservative of the two. I might scalp here and there between 116 195 and 116 250.
  20. J

    Bond Trader 2009

    My automated Ninjatrader strategy which I maintain on "Sim" for obvious reasons, bought at 116 030. For real money, I try to avoid trading right on the report as it can go either way. I like the retracement after the report bar is finished. In any event, I tried to get in on limit orders once...
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