Bond Trader 2008 (Swing Trading Bond futures, Stocks, and ETF's)

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0922 CST

I bought single lots all the way through 0920 CST looking for a quick scalp retest of high.

Looks like it is too late to buy more. Only looking for a kiss of high.
 
0933 CST

The nature of these type of trades (pullbacks) is they look weak when you initiate. Watch carefully.

The trade of the day was around 0904 CST going long at 114 08 - 114 10.
 
OK, done for the day. These last two pullback trades only gave me 1 - 2 ticks. That tells me that I need to stop.

As I said, the trade of the day was at 0904. These last trades were just scalps.

Good trading!
 
Since about 1530 CST yesterday, my hourly system gave a buy signal. This signal usually lasts 24 to 72 hours. So, I assume for the rest of today and Friday, I would probably look to buy at a solid price, i.e. 114 10 or 114 08.

My longer term outlook (days/weeks) is still short and if price goes up to 114 30 or so today, I could easily be persuaded to take on some shorts for a quick trade.
 
0952 CST

People PM me all of the time asking why I don't post anymore.

Take a look at a 1 min of the ZB and you'll know. While I was rambling here, we had another buy entry at 114 14 to 114 15 (0944 CST).

You could have gotten out just now with 114 185 or held on for a retest of the high.

That is why I try to limit my posting.
 
1053 CST

This post is well into my trading day. Obviously I've been shorting all day. Just an FYI that I'm short now again at 113 31 and I'll short up through 114 05 or so.

Risk is through 114 08. If you have the stomach, you could hold through there.
 
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