Bond Trader 2006

[Lance Carson]

Had the same feeling when I saw the 5 min yield gap down, but got a tight grip of the Ferrari steering wheel and focus on the low volume.

 

[Lance Carson]

Looks like a Bearish Flag formation on the 5 min ZBZ06

 

[johnpinochet]

Lance,

I just finished 30 minutes on my recumbent indoor bike. Nice trade!

Any take on activity here? I haven't been watching for the last 30 minutes. Looks like a par for the course rectangular range that lasts all morning until lunchtime or shortly thereafter.

 

[Lance Carson]

After 8 tests of 110-26 it finally goes to 110-25 ( my target)

Should I have waited?, YES. It was making a classic BEARISH Banner formation on very low volume.

 

[sharp10]

Lance,
do you see a retest of the lows?
Thanks

 

[johnpinochet]

Quote from sharp10:

Lance,
do you see a retest of the lows?
Thanks

I second the question. Re-test of lows, or call it a day and prepare for the big report tomorrow.

 

[sharp10]

bidding 24 to cover my last shorts. It looks
like dead trade until magnana.

 

[Lance Carson]

Probably not today because there is no driver catalyst and CPI is too close in the calendar. Notice the break of 110-26 it is so slow that it will make you fall sleep.

 

[sharp10]

out at 24.
This is a nice thread.
Thanks.

 

[Lance Carson]

Looks like I left a lot of money on the table.