Quote from invertedCurve:
bro ADP gave mkt cause to think of QE I would not hold a position that is against you going into NFP. 3 to 4 ticks is noise by the way and there are 32 ticks in 1 point or handle, tick goes 127.05 to 127.055 to 127.06 that is 2 half ticks in every tick 32 ticks to a handle in ZN where the two's and five's have quarter ticks and the ZB has full ticks. Just trying to get your terminology correct from the sound of your posts you may not have the equity to take an algo/Pimco jimmy jam so have a stop in and don't let one trade blow you out.
good luck with NFP the ZN is at/near the yearly high and ZB is not far from it. the ten year yield yesterday was the lowest since the Da brothers Lehman went down (late 08 early 09) Bernanke has that much effect so dont get in the way of the freight train profit from the carnage. I remember the day when the Fed did a 300 B QE in early 09 think the 10 year cash popped 5 handles!!!! so be careful... I personally think QE is stupid what do I know.
P.S. Plosser is a tosser all that matters is Big Ben...
Tanks! I hear you.