Anybody else short US 30 Bond

When every talking heads say US is recovering, housing is stabilizing, 30 bond wanted and tried go lower, then, bang, all bad numbers came out, jack up zn price. :D

I don't know how long can they keep up this game. lol
 
Quote from dhpar:

please could anybody (with e.g. Bbg) give me the current DV01 for CTDs into ZT, ZF, ZN, ZB (March)?

many thanks in advance...
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Spot DV01, per 1000 contracts:
2y $44.67k/bp
5y $50.23k/bp
10y $72.42k/bp
Bond $128.68k/bp
 
Quote from invertedCurve:

the market has moved 6 handles up from 93 ish in cash (ZN from 112.25 to 119) to almost 99 handle which is a move from 4.01 to about 3.25% (98.28+) unless the world looks like it is going to fall apart again I really do not see the tens moving so far under 3% yield. 122-128 is quite a far spread of an area to target. (approx 2.85-2.25%)
I hope you are not correct in the 128 handle that move would mean the stock market had tanked again hard.
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Interesting how things turned out, it's not the end of the year yet and ZN is at 121-13+ ^_^ And the stock market is up from this post a few months back. 122-128 doesn't seem so unrealistic anymore after all.
 
Hey guys!

I scalped 30 year futures outright full time until July of '06 (for a firm that shut down its operation). I took some time off and dabbled with other opportunities. Continued trading a little in my own personal account, but nothing with enough risk to make a financial impact in either a negative or positive way...basically just because I enjoy trading.

I know this is an impossible question to answer fully, but I'll give it a try. To the best of my ability to describe, the short and simple is that I am a very disciplined, very high frequency trader. Basically looking to get long the bid/short the offer to get a 'free' look at the market.

Since the 30's have gone back to full tick size, have any 'similar' traders (to what I described myself as) seen some good action?

If you don't want to answer, understood. I'm thinking about getting back into it full time and am looking for some input.

The majority of guys I used to work with have moved on to other careers or trading other products, so some feedback would be appreciated.

Happy Holidays!
 
Market is very different to the one you left. There's a reason people you know have gone down different roads - any road treasury related is a highway to hell.

If you want to get scammed out of your money - trade treasuries.

If you want to get fucked over on every trade you're allowed to get - trade treasuries.

If you want the feeling of optimism, because every trade you nearly got that would've been great,but you were so close and made nothing - trade treasuries.

Save some money, build a brick wall outside your house and bang your head against it.
 
Quote from noparole:

Market is very different to the one you left. There's a reason people you know have gone down different roads - any road treasury related is a highway to hell.

If you want to get scammed out of your money - trade treasuries.

If you want to get fucked over on every trade you're allowed to get - trade treasuries.

If you want the feeling of optimism, because every trade you nearly got that would've been great,but you were so close and made nothing - trade treasuries.

Save some money, build a brick wall outside your house and bang your head against it.
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amen.

that said, it is getting a touch better recently :cool:
 
I get edge all time, 30Y is good in full ticks, but the increased volatility makes working every price harder. Trade small size and you can kill it.
 
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