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  1. J

    Bond Trader 2006

    0750 CST Sold 4 ZN's at 104 045 Cycle time coming up at 0810 CST. Neural network just turned lower, indicating a sell.
  2. J

    Bond Trader 2006

    Trying to sell ZB's at 105 22 or better. Trying to sell ZN's at 104 050 or better.
  3. J

    Bond Trader 2006

    Monday 26 June 2006 Today we have New Home Sales at 0900 CST. Not sure how much effect this report will have on the market, but it really is the only significant report today. Price projection numbers: 106 15 106 03 105 24 105 12 105 03 No bias today. Too soon to tell.
  4. J

    Bond Trader 2006

    A buy or sell bias in my opinion is not necessary trading the way that I do. It certainly helps if you wish to hold over night. Then you probably need a bias over a period of days, and should be looking at a daily, weekly and monthly chart. Now having said that, a bias is certainly helpful...
  5. J

    Bond Trader 2006

    I use a MP clone, so it isn't 100% MP, but very similar. Bottom line, my clone gives me a bar chart graph (as in math, not trading). The x axis is time, and the y is price as is normal. Each tick up or down in price is represented by a single rectangle of the bar column for that time. If...
  6. J

    Gold correction has ended

    How much gold do the central banks really have to sell? It is an interesting question and worth pursuing further. Personally, I don't think we've seen even the first half of the advance.
  7. J

    Bond Trader 2006

    1043 CST If anyone is still following, we may get another short here at 105 23 or better. Cycle high looks to have hit. Projected time was 1040 CST.
  8. J

    Bond Trader 2006

    luckyhonda, I didn't mean I would just close everything without thinking. It is simply that I've found that my sweet spot is 1 - 2 hours of the morning. If prices still hadn't done anything at the 3 hour mark I'd probably create a limit order with a conditional cancel at a target that...
  9. J

    Bond Trader 2006

    Order to buy 1 at 106 20. Raised it to 106 22. Out of everything. Done I believe unless something comes up.
  10. J

    Bond Trader 2006

    1002 CST Prices have hit 105 21. I'm still holding 1 ZB short since 105 29. I would say that closing out all remaining contracts between here and 105 12 would be a good decision. If I were to continue to trade today, and I probably won't, I would short any attempts at 105 25 or 105 26.
  11. J

    Bond Trader 2006

    Bought 1 ZB 106 26. Only have 1 ZB now. My rationale is I've more than made my profit target today, doubled in fact, so like the age old question, what do you do when someone hands you a million dollars? Do you hold out for more, or are you thankful that a million is twice what you had in...
  12. J

    Bond Trader 2006

    Bought 2 ZN 104 070 Only have 2 ZB's now.
  13. J

    Bond Trader 2006

    Bought 2 ZB's 105 26 Bought 2 ZN's 104 070 Want to limit my risk.
  14. J

    Bond Trader 2006

    Sometimes the 10 year gives a clearer picture. The 10 year has been red for me since 0730 per my Market Profile clone. Red meaning negative trades for the most part. This is keeping me in the trade. 0939 CST One observation to make is that at this point since getting in I must admit...
  15. J

    Bond Trader 2006

    0918 CST Price looking really lethargic. 0927 CST Now this is a little bit better. 0928 CST Still not doing what we'd like. Someone stepped in with large orders. 0933 CST Hitting 106 27 again....
  16. J

    Bond Trader 2006

    Neural network gave a sell at 0905 CST.
  17. J

    Bond Trader 2006

    I'm taking a risk here and going short now at 0859 in hopes of re-test of lows.... Sold 4 ZB 105 29 Sold 4 ZN 104 190 The above are not ideal trades. Ideally I wanted to short at 106 01 or better, and I was waiting for a nice price at 0900. Note that lethargic action here means get...
  18. J

    Bond Trader 2006

    OK, we have a problem now at 0855 CST. The time cycle is at 0900. It would have been nice if prices had drifted up to 106 03 or so. The problem is prices just dipped a couple of ticks and now, for the most part we've simply been in a narrow range since the last cycle.
  19. J

    Bond Trader 2006

    OK, if we can hold at 105 31 to 106 03 up until 0900 (and I think we will), I will be looking to short heavily at 0900 CST due to an important time cycle. Time cycles are tricky. Ideally you want to go into a time cylce at a high or low attempt. Based on if it is a high or low attempt you...
  20. J

    Bond Trader 2006

    Big stupid mistake on my part. I read another message thread to get the long term view and usually only post questions or brief insight on that thread. Today, for some reason, even though I obviously posted my opening market commentary here....somehow...I must have pressed the back button and...
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