0710 CST
Well, here we go again. I'm in a brief morning trade prior to an 0730 report in this case 3 of them. I feel that we can continue to pop up, and I may even be missing out on a 16 tick spike move which would be great with a 4 lot, but staying in the trade with a 4 lot violates a soft rule. I may drop down to a 1 lot.
We just hit 111 05 by the way.
0713 CST
We just past the 08 Feb 2007 high in the ZN.
0714 CST
Closed 3 ZB's at 111 06. Only a fool would stay short with an above normal size for their method prior to three 0730 CST reports. 1 to 2 lot is my lower size entry for testing the waters. I'll concede that holding this 1 lot is a gamble trade.
It is nice to be up 15 ticks (5*3) with no effort or stress other than the brief moment of considering holding a 4 lot through 0730.
0720 CST
Out at 111 04. Why give up the ticks? Money is money, and don't forget the rule of never letting price come back to your entry. With price only a few ticks away, the reports may make it next to impossible to get a fill at 111 02, i.e. 1 tick profit from my 111 01 entry.
0725 CST
My spidey sense is telling me that today may be a minimum 4 lot to 10 lot day for the ZB's. If things don't look good at 0730 we can get slammed pretty hard to the downside. If the Fed chairman's speech is confirmed, we can pop up big. Either way, money to be made.
Get ready!
Well, here we go again. I'm in a brief morning trade prior to an 0730 report in this case 3 of them. I feel that we can continue to pop up, and I may even be missing out on a 16 tick spike move which would be great with a 4 lot, but staying in the trade with a 4 lot violates a soft rule. I may drop down to a 1 lot.
We just hit 111 05 by the way.
0713 CST
We just past the 08 Feb 2007 high in the ZN.
0714 CST
Closed 3 ZB's at 111 06. Only a fool would stay short with an above normal size for their method prior to three 0730 CST reports. 1 to 2 lot is my lower size entry for testing the waters. I'll concede that holding this 1 lot is a gamble trade.
It is nice to be up 15 ticks (5*3) with no effort or stress other than the brief moment of considering holding a 4 lot through 0730.
0720 CST
Out at 111 04. Why give up the ticks? Money is money, and don't forget the rule of never letting price come back to your entry. With price only a few ticks away, the reports may make it next to impossible to get a fill at 111 02, i.e. 1 tick profit from my 111 01 entry.
0725 CST
My spidey sense is telling me that today may be a minimum 4 lot to 10 lot day for the ZB's. If things don't look good at 0730 we can get slammed pretty hard to the downside. If the Fed chairman's speech is confirmed, we can pop up big. Either way, money to be made.
Get ready!