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  1. Y

    Youngtrader's Commodity Journal

    Out of my H/M spreads at -37. Total loss of $3,500 Bad trade!!! Thats about all I can say about that one. Covered my 2 shorts in H eurodollar at 97.10 for $150 profit. Then turned around and shorted 5 june eurodollars at 97.50 (extremely lucky that the market traded at that level...
  2. Y

    ES Journal Archive (2006 - 2008)

    Been short since last night at 1365 Thought we would see a lot more red this morning and we did early on but we are starting to catch a bid. Bias is still lower today and over all lower until we retest those lows again on the daily chart. After that I think we could be in for a drastic pop.
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    Youngtrader's Commodity Journal

    Yeah that is the right one. I trade most of the financials off of technicals but rarely will I not take into consideration the fundamentals. Like for instance with the eurodollar. I think treasuries have already priced in worst case senario for the economy. While I currently think we are...
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    Youngtrader's Commodity Journal

    Yeah no problem Im not a genius in trading these things but the 3 month eurodollar is the one im talking about. I don't know about the values that much but the one im trading is $25 per full tick. Just checking my quotes now and the code for my eurodollar is GEH08.
  5. Y

    Youngtrader's Commodity Journal

    usman88 No im not trading crude currently but that can change overnight. I will and do trade just about anything that catches my fancy. It takes way more time and effort to constantly keep up to date on each and every market out there but its worth it imo. As far as crude goes I think its...
  6. Y

    Youngtrader's Commodity Journal

    Well got a nice short off on the schatz this morning! (doesn't really have anything to do with my position trading but im happy about it lol) Eurodollar traded a little lower today and I expect that to continue. My profit target for this trade is around 96.60 or somewhere around there...
  7. Y

    The Bund Bobl Schatz Thread

    Thoughts about tomorrow.......If we can break below 88 with some conviction on the schatz I think that would set the tone for drastically lower trade all day long tomorrow. However a break above 94 and we could be trading higher tomorrow. My bias is lower though. Treasuries look weak...
  8. Y

    Youngtrader's Commodity Journal

    Well plan for tomorrow is the following. Look to add shorts to my eurodollar trade. Look to just get the hell out of my H/M spread (im losing patience) Maybe sell some more apr strangles in the 10yr Also look to short apr gold this week Look to short march nasdaq this week also Lots of...
  9. Y

    The Bund Bobl Schatz Thread

    Grant Thanks for the advice. Also just to make sure.....eurex is trading tomorrow right? I know the US exchanges are closed due to presidents day but europe is still open tomorrow morning right? Sorry I should know but thought I would double check.
  10. Y

    Top 20 MBA Graduate, who wants to hire me (NYC)?

    Actually I have to disagree with you there. Imo trading tends to lead itself to the lower class type better than the upper class. The lower class doesn't mind taking somebody for absolutely everything they have and putting it in their pocket. They don't mind cutting another guy's throat so...
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    The Bund Bobl Schatz Thread

    I don't mean to take anything away from grant's question but can anybody tell me what countries econ news reports to watch? I currently don't pay any attention to the econ news that comes out. With eurex treasuries it seems like they don't react hardly at all to any econ news that comes...
  12. Y

    Top 20 MBA Graduate, who wants to hire me (NYC)?

    I would make sure you can trade well first and then worry about the rest later. In this business unless you just want to work for goldman, merrill, etc at any position (secretary, janitor,etc) you better be able to trade and trade well. To be honest your "top 20 mba graduate degree" isn't...
  13. Y

    The Bund Bobl Schatz Thread

    Grant Im not for sure exactly what this could be but my best guess is that it is a block trade. I don't know much about block trades other than the cbot is now accepting them for US treasuries. From what I understand is that block trades do not have to go through the dom and be available...
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    The Bund Bobl Schatz Thread

    You usually don't hear of many people trading the buxl, which imo is not a good sign. I have never watched it before but I hear volume is bad and has not yet taken off yet like with the others.
  15. Y

    Youngtrader's Commodity Journal

    hrokling Good to hear from you. I agree eurex is a pretty good exchange. The main reason I like them is that they have a 10 deep orderbook unlike cme group which is only 5 deep. Not to mention they have some of the lowest trading fees there is. I honestly don't think I would be able to...
  16. Y

    The Bund Bobl Schatz Thread

    Nice job! I think we are headed lower tomorrow on the schatz though. I don't think we will get much of a pop. Treasuries are going to fall hard imo. Thoughts?.......Come on guys I feel like im talking to a fucking wall here:D I know there are quite a few bund traders at least that trade...
  17. Y

    Youngtrader's Commodity Journal

    Out of those 10 schatz at .75 About $770 profit on that trade. Took a look at the chart during school and it just didn't look like we were gonna touch .70 A nice break below .75 tomorrow and im willing to sell another 10 or so contracts for another quick trade. Daily chart does not look...
  18. Y

    Youngtrader's Commodity Journal

    Short 10 schatz this morning at 104.86 like I said I would. We currently have some big size sitting on the offer around that area and I expect .86-.87 to be massive resistance all day long. Looking to take money around .70-.75
  19. Y

    The Bund Bobl Schatz Thread

    Yeah I heard he is speaking but honestly what is he going to tell us that we don't already know? Bernanke is worthless in my opinion. He got us into this mess and now he is doing a terrible job getting us out. Just my opinion though. Big size at .87 on schatz. Just leaning on that size...
  20. Y

    The Bund Bobl Schatz Thread

    out at .84 nobody else trading today or what? You guys are probably too busy taking my money this morning huh lol! Anyway im done for the day. I see no advantage to watching this thing anymore today.
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