Anybody else short US 30 Bond

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.
 
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, although generally speaking I'm biased long today.
 
0841 EST Here is a JPEG of the what the chart looked like and what happened at 0741. This is pretty much my bread and butter trade of the day. Look for an ideal time to trade, and call it a day.

The short was an easy net of 3 ticks and the long, well that remains to be seen.
 

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Quote from johnpinochet:

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 idea what the trade will be. I use other tools to confirm what I should do as the time approaches. The idea behind the time cycles studies are that I'm looking for the most ideal time to trade, predicting this at least a day in advance. I used to predict the time and the direction but I found that predicting the time is actually much more important. Other tools can get you in the right direction.

I never did get around to loading the chart for the above day. Pretty uncanny isn't it?
 

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Quote from invertedCurve:

i was short got out and reversed whoops another holy f$cking $hit day!

I am just watching trying to make sense of it. ZN is tough to trade. Slow,slow,slower, BAM,BAM, triple BAM, slow, slow, stop.....
 
I was wondering if someone wouldn't mind recommending a decent book on bond portfolio management, with emphasis on information such as the best times that institutions tend to buy bonds, which types of institutions/investors tend to buy which types of bonds etc etc. I'm aware you can find alot of this stuff on the net, but I was hoping that there is a book out there (that is highly rated) which contains most of this information as one complete resource.

Replies would be much appreciated.
 
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