I hate to say it as my forte is following downmoves or upmoves, but yes, it is at the back of my mind.
UPDATE
0844 Bought ZB's back at 110 23 and ZN's at 107 050. Gave back some profit but still up for the day.
Bond Trader 2006
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I hate to say it as my forte is following downmoves or upmoves, but yes, it is at the back of my mind.
UPDATE
0844 Bought ZB's back at 110 23 and ZN's at 107 050. Gave back some profit but still up for the day.
What price action/condition would prompt you to decide it is a "V" day?
Thanks
Luc
L
Lance Carson
That break of the key support 110-21 should have been more than 3 tics and a bearish bar( 3 min). That means that there were not too many shorts stops below it, therefore prices should go back to the 110-26 open.
A break above 110 27 would make me suspicious and a break about 110 30 would tell me it has already happened.
I've very much like to go long here at 110 24 or so but I'm suspicious about the 0900 report.
UPDATE
0851 Order in to go long 110 24 with a tight stop at 110 20.
0853 Filled on above. Small size 2 lot.
0856 If we hit my stop with significant volume I may simply reverse back into my original trade, i.e. short several contracts looking for a target of 110 12 or so.
I'm waiting for one more test of 107030 in ZN. then a move back towards unchanged (Nice golf weather today!)
Dec 10-yr closes under 107 today ... but you didn't hear it from me.
L
Lance Carson
As expected prices came back to the open 110-26, Low risk trade would be to sell above the Pivot 110-27 with tight stop loss.
0912 CST My target on this trade is 110 28. I'll exit quickly though on any sign of weakness.
I have the central pivot at 110 28 and looking at past price behaviour 110 28 is a significant number.
My bias is short today.
0916 Wow! Did you see that? A jump up to 110 29. My time and sales from IB had 110 27 then all of a sudden 110 29. No 110 28 print.
I have the central pivot at 110 28 and looking at past price behaviour 110 28 is a significant number.
My bias is short today.
0916 Wow! Did you see that? A jump up to 110 29. My time and sales from IB had 110 27 then all of a sudden 110 29. No 110 28 print.
0918 Sold 1 ZB at 110 28.
0919 Order in to sell other ZB at 110 28 also.
0923 Sold 1 ZB at 110 28.
If you are looking at time and sales you'll see my single contract.
0919 Order in to sell other ZB at 110 28 also.
0923 Sold 1 ZB at 110 28.
If you are looking at time and sales you'll see my single contract.
Well as of 0925 that is 2 profitable trades in a row. Statistically I'm good for 3 in a row in the AM.
While I would love to short again, I think I'm going to simply watch and maybe even call it a day.
All in all it was a solid day today. Thanks for the comments everyone!
Lance,
Excellent call on the journey back up.
Tomorrow should be huge.
While I would love to short again, I think I'm going to simply watch and maybe even call it a day.
All in all it was a solid day today. Thanks for the comments everyone!
Lance,
Excellent call on the journey back up.
Tomorrow should be huge.
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