Bond Trader 2006

[illiquid]

Quote from Lance Carson:

Only when is breaking key Support and Resistance levels on the Dollar Weekly chart. ( my observation )

The dollar is breaking a key resistance as we speak -- if it continues how would bonds generally react?

 

[Lance Carson]

Now the Bond Pit will come up with an excuse to go down, they call it SNIFFING FOR STOP LOSS ORDERS.

 

[scriabinop23]

Quote from illiquid:

The dollar is breaking a key resistance as we speak -- if it continues how would bonds generally react?

against what currency? the usd/eur moved earlier this morning and has been recovering ever since.

 

[illiquid]

dollar index

breaking resistance = going up I mean

 

[Surdo]

Quote from Lance Carson:

As expected prices broke key intraday support on higher volume.We are going down, gentlemen.

Nice CALL Bro!

 

[Lance Carson]

A five ticks move followed by a six ticks move ! if that is not enough of a clue then I don't know what is !

 

[Lance Carson]

Should I take my $375K profit here? Let's have a vote on this forum NOW.

 

[johnpinochet]

Yeah I'm still here. No need to go into detail other than to say I went short somewhere between 1030 and 1100 and my rather large loss for today is now down to a more manageable level.

Funny how quickly 10 lot trades add up. I may have to re-think my use of the staggered position size. Had I left myself to a standard 4 lot size I would probably be in the black right now.

 

[illiquid]

what are chances we touch 14 zb?

 

[Lance Carson]

Quote from illiquid:

what are chances we touch 14 zb?

About 80% chance, don't ask me when.Have you voted yet?