Bond Trader 2007

[johnpinochet]

0748 CST A decisive break above 111 18 and this trade is off. I'll exit before 111 20 if I can get it.

 

[johnpinochet]

0800 CST Out at 111 19. Watching for now.

 

[Bernard111]

Quote from BondTrader50:

Also keep in mind that there was a pre number sell off. Which obviously meant that someone knew the number

durable goods orders is probably the most 'fadable' economic release out there, especially since it's quite volatile.

 

[dhpar]

Quote from BondTrader50:

Also keep in mind that there was a pre number sell off. Which obviously meant that someone knew the number

what do you mean? I see spike exactly at 0730....

 

[BondTrader50]

Yes, there is a down spike at 7:30. But, there was unusual selling minutes before it.

 

[dhpar]

what contract are you talking about? USM7/ZB? or Eurodollars? or else? I do not see anything like that - in ZB there was in fact some buying minutes before the release.

 

[BondTrader50]

zn

 

[dhpar]

Quote from BondTrader50:

zn

I see - maybe - I don't know. Thanks for a pointer anyway

 

[johnpinochet]

Buying ZB's on the dip. Bought at 111 21. Will try adding at 111 18 to 111 19.

 

[johnpinochet]

Bought more ZB's at 111 20. I may try one more buy I may not.