Bond Trader 2007
- Thread starter johnpinochet
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0952 Looking to exit. This kind of trade has to be exited quickly when the premise, i.e. a quick run down is wrong.
0956 Out at 106 27.
My thinking exactly, hence the quick exit.
Looks like I was right anyway, as we kissed 106 25. 1 tick off my call is close enough.
1015 CST We kissed 106 24.
So far the turning point times have been continuation points after a very brief consolidation. Keep in mind this is all very short term, i.e. a 1 to 5 min chart.
Any of you trade TY?
I should have posted these earlier.
106 19
106 14
106 09
So far today, we are following a pattern that goes back to June 19. This pattern indicates further lows possible today, through 1400.
Remember, I day trade so the above paragraph is long term for me.
106 19
106 14
106 09
So far today, we are following a pattern that goes back to June 19. This pattern indicates further lows possible today, through 1400.
Remember, I day trade so the above paragraph is long term for me.
1107 CST I'm looking for one last sell today. Target would be 106 14.
I believe that the break of 106 24 is significant, and I'm looking to see a further move down. It is possible that a target of 105 31 might be possible over a few days.
The second paragraph all depends on how price behaves now at this 106 24 level. In any event, one more short trade for today at a price between 106 21 and 106 26 is my goal.
I believe that the break of 106 24 is significant, and I'm looking to see a further move down. It is possible that a target of 105 31 might be possible over a few days.
The second paragraph all depends on how price behaves now at this 106 24 level. In any event, one more short trade for today at a price between 106 21 and 106 26 is my goal.
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