0730 CST 106 03 followed by 105 29 are targets.
Bond Trader 2007
- Thread starter johnpinochet
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0734 I shorted some ZN's earlier, not a lot, going to get out quick, only a couple of ticks.
OK, here is what I did.
Short 2 ZN 104 210.
Buy 2 ZN 104 190.
Standard, seconds after the report trade. Tried to short 2 ZB at 106 06 but no fill.
I'm looking to short all retracements for the next hour or so. 106 09 looks like a good place to short, but 106 05 and 106 06 will offer a lot of resistance.
Short 2 ZN 104 210.
Buy 2 ZN 104 190.
Standard, seconds after the report trade. Tried to short 2 ZB at 106 06 but no fill.
I'm looking to short all retracements for the next hour or so. 106 09 looks like a good place to short, but 106 05 and 106 06 will offer a lot of resistance.
0741 CST I'm looking for a short between 0748 and 0756. We should head on down establishing new lows through 0856. Roughly a one hour trade duration.
Shorted TY at 104'30 late yesterday and after the NFP today it started whipping around a lot so I bailed at 104.27 for 3 ticks. It then ran down to '18 or so lol, but it was chopping so much I wanted to just take the profit and step aside.
As I said yesterday I still have a bearish bias on teh TY right now. As long as it stays below 105'10 it is moving lower back to previous lows of 103'20 or so. So bailing on the short was not a smart move naturally and I admit it. Will look for short entries on intraday basis.
As I said yesterday I still have a bearish bias on teh TY right now. As long as it stays below 105'10 it is moving lower back to previous lows of 103'20 or so. So bailing on the short was not a smart move naturally and I admit it. Will look for short entries on intraday basis.
Sold 1 ZB at 106 03 to get started. My ideal shorts will be at 106 05 to 106 08. May not go that high though, hence the initial 1 lot short now.
0747 CST Sold 1 more at 106 02. I don't like these entries, but I don't want to get left behind either. May have to carefully consider the stop on this initial trade. We could go as high as 106 09 as I mentioned earlier.
0749 CST OK, obviously sold to soon as we are kissing 106 05 again. This initial retracement top should end by 0756.
UPDATE:
Also at 0749, while typing, I see I sold 1 more at 106 05.
UPDATE:
Also at 0749, while typing, I see I sold 1 more at 106 05.
Due to the nature of today, I'm examining some times in finer detail. Here are a couple of more, but they are minor compared to the above.
0820 and 0828
Any failure to break below 105 31 followed by 105 29 indicates it is best to take profits quickly and be happy with a few ticks.
I'm looking for a simple re-test of the lows first, followed by a desired target of 105 21.
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