Bond Trader 2007

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Long @ 107 17/32 ~ Target 24/32 ~ Stop BE.

Some great moves overnight -- which I missed of course.

edit: Covered @ 21/32 + 4 Ticks. SIF Markets opening.
 
Unfortunately the YM and ES are going to open in 12 minutes. Time to pay attention to them as well.

0820 This buy could be a strong move. No divergences on my indicators at this time. I'm not in and I'm not going in. I'll probably take a break for awhile if the YM and ES do nothing.

0824 I would have a target of 107 25 on this move. Take off some between 107 23 and 107 25, with 107 25 being the final goal.
 
0834 I shorted a 4 lot ZB 107 19 a few minutes ago. This is a "test the waters" trade, looking to see if we can re-test the lows. If not, I'll be out quickly.

Target is 107 12.

0838 CST We are kissing 107 15 and 107 16. This is always the tricky part. I think 107 12 is a given, but it is a news free day, and we've already had a very nice range on the day.

0840 CST Exited at 107 18.
 
0851 CST I've passed on 2 excellent buy signals (0806 and 0842) and I made 1 tick on a single short. I would say the easy morning trades are over for me. I have no bias.

I've made more than my normal amount today. I believe I am done for the day unless a really solid setup appears in the next hour or so.
 
Quote from johnpinochet:

0851 CST I've passed on 2 excellent buy signals (0806 and 0842) and I made 1 tick on a single short. I would say the easy morning trades are over for me. I have no bias.

I've made more than my normal amount today. I believe I am done for the day unless a really solid setup appears in the next hour or so.
More...

Note the solid setup. 1008 time. Now I really am done for the day. Once again, everything went according to plan. This last 1008 trade especially.
 

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Quote from johnpinochet:

0439 CST

Pre-market 11 July 2007

I'm no longer confident on my long bias as the market has gone all the way past 108 05. I think it safe to say that some sort of pullback is necessary. I wish I could have shorted at 108 05 a couple of hours ago, but I wasn't watching at the time.

Today, I am neutral on direction, but if I had to pick a direction, I would say, I would be looking to short at an ideal price, maybe 108 05 if possible.

Upper levels:

108 19
108 08
108 05

Lower levels:
107 19
107 12
106 24
106 20

I think a test of 107 16 to 107 20 is definitely possible.

I'm looking for something big to happen sometime this month. A couple of points on the ZB, and a few hundred points on the Dow (YM).

Times are:

0644 0728 0904 to 0932 1008 1056 1204

There is a window between 0904 and 0932. It is too difficult to try to break this window down, so I would simply note it and keep an eye on this window. If you would like to know the detail, 0904 0924 and 0932 appear to be the correct numbers.
More...

I might as well post my after market observations now. The above post from 6 hours ago will suffice for my after market observations.

:cool:

Good Trading to You!
 
1027 CST Ah...I see I left roughly 4 or 5 ticks on the table as we kissed 107 07. My exit was 107 14.

One of these days I will hold a 10 lot for 10 ticks.
 
1031 CST There might be another short opportunity coming up at 1056 or 1204, but then at this point in the day you have to ask yourself that famous Clint Eastwood / Dirty Harry question.

Well, do you?
 
Pre-market observations for Thursday 12 July 2007

No bias. On both the hourly and the 5 min we are at a place of support according to my turning point S/R and my price projection numbers. If I had to pick I would say that we might be buying on dips but I won't make a move until the 0730 reports are out.

Turning point times:

0700 0728 0748 0800 0828 0848 0924 1024 1100

The important times appear to be 0728 0830 0930 and 1030, give or take 1 - 2 minutes.
 
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